Switzerland

What is the fundamental challenge for the commodities industry?

One of the biggest challenges the commodities trading industry is facing is a dual one: the need to meet rising demand for energy and natural resources while at the same time reducing carbon emissions. For both elements, the role of China appears to be critical.
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First harbingers of an incipient dynamic in the Swiss corporate tax landscape

Which Swiss cantons offer the greatest tax advantages to corporations? How do Swiss tax rates compare across the globe? Get the answers and deeper insight from KPMG’s latest Swiss Tax Report 2019.
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Refining relabeling of pharmaceuticals

Patient safety is at the heart of drug development and licensing processes. But the duty of care does not stop at launch. Manufacturers must satisfy strict regulatory demands throughout a product’s lifecycle, including re-labeling.
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EBA Outsourcing Guidelines: Swiss banks also affected

The revised FINMA circular 2018/3 “Outsourcing - Banks” has now been in effect for nearly a year. Experience has shown that institutions are having a hard time particularly with the risk-oriented monitoring of their outsourcing providers (including any sub-contractors these may have hired).
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Swiss family businesses focusing on innovation and recruitment

The latest issue of the European Family Business Barometer, a joint annual publication by European Family Businesses and KPMG, reveals a promising development for family businesses in Switzerland: Half of the survey’s respondents felt either positive or very positive about the next twelve months.
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Geneva – an important step towards the tax reform

On 31 January 2019, the Grand Council of Geneva adopted the cantonal project for the implementation of the Federal Act on Tax Reform and AVS Financing (TRAF). It introduces minor changes compared to the initial project and confirms the massive decrease of the corporate income tax rate to 13.99%.
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