Taking strong measures to combat corruption and increase transparency are just some of the steps Switzerland is taking to ensure it’s commodities sector remains competitive. Compliance with CTRIII is just one of the steps companies must take to make sure it stays that way.
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.