Tax

Switzerland’s attractiveness for multinational corporations at risk

Multinational corporations are in permanent business transformation mode. Many of them have located key value drivers in Switzerland because of the country’s flexibility and stable business environment. But will Switzerland remain attractive as companies seek to transform their business towards fast and sustainable growth?
8

Impact of global and Swiss tax changes on the insurance industry

There are a few upcoming regulatory tax projects which will affect the Swiss insurance industry. On a global level these include the latest tax risks facing the industry in light of the OECD’s base erosion and profit shifting (BEPS) reports. On a national level the focus is on the Swiss Corporate Tax Reform III.
26

UK anti-hybrid legislation: impact on Swiss structures

The UK’s new anti-hybrid rules will be effective from January, 2017. There is a short time frame for companies to assess the impact of these rules and make any changes to remain compliant with the rules and avoid a significant increase of the tax rate and/or even worse a double taxation of income.
25

Globally mobile employees: what are the key risks to address?

The latest global mobility survey from KPMG Switzerland highlights how global mobility has evolved during the past decade, the key risks which all employers with internationally mobile employees should be addressing today, and what companies could do to improve their mobility policies and processes.
10

VAT Act: Swiss Parliament released final version

Today, both chambers of the Swiss Parliament unanimously approved the partially revised VAT Act. It is expected to enter into force on 1 January 2018. Tax Authorities expect around 30,000 new taxpayers – for the most part foreign companies. What are the most important changes and the important actions that need to be taken?
11

Swiss withholding tax: Correction of mal practice for interests for late notifications 

The smaller chamber of the Swiss parliament voted today in favor of many Swiss tax payers which have been threatened with substantial payments for late interest due to late notification of dividends. Swiss Federation to release CHF 600 million.
8