AIA

Stagnating tax rates

As revealed in KPMG’s Swiss Tax Report 2017, no noteworthy shifts in tax rates were discernible for the past year as a whole. Following some minor cuts in 2016, indications this year are pointing to yet another unmistakable trend toward stagnating regular corporate tax rates. The circumstances regarding individual tax rates are similar.
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Flight or Fight? Swiss private banks must come off the fence

Flight or Fight? Private banks are being faced with a tough decision: whether they prefer to adjust their business and operating models to the new realities or to exit the market. For sure, the recent news of a private bank's insolvency is still considered a rather extraordinary event.
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