Switzerland

Switzerland’s next act: from business hub to world’s digital labor hub

Digital labor is one of the key disrupters impacting global business today. The race is on to find the best location for using digital technology to augment and/or automate the tasks of highly-skilled workers. Already attractive for doing business, Switzerland’s got more than just a head’s start.
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White-collar crime in Switzerland causes losses in the billions

The most recent KPMG Forensic Fraud Barometer shows that Swiss courts tried 57 cases of white-collar crime in 2016. While this might be significantly fewer cases than the year before, the total losses exceeded CHF 1.4 billion, a record high since KPMG began gathering data.
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BEPS and the “No” to the Swiss Corporate Tax Reform III

The Swiss people voted “No” on the proposed Corporate Tax Reform III on 12 February 2017. What does this mean for Switzerland’s position on and implementation of BEPS? Generally speaking, there is very little or no direct impact, and in particular Action 13 with CbCR is not affected at all.
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CTR III – The Swiss federation and cantons must go back to the drawing board

The corporate tax reform, recommended by Federal Council, Parliament and 25 cantonal governments, did not find a majority in the Swiss public. The demand of companies for restoration of legal certainty and the pressure of the EU on the abolishment of the cantonal tax status continues.
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How Swiss private banks can reignite growth

Swiss private banks have been on the defensive for a decade. We think the time has come to go on offense through commercially-driven transformation. By focusing on their strengths, and partnering for their non-core activities, Swiss private banks have a real opportunity to maximize value and grow again.
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Value Added Tax Law: elimination of competitive disadvantages of Swiss companies

The partial reform of the Federal Value Added Tax Law is intended to eliminate the competitive disadvantages of Swiss companies. The changes will come into effect on 1 January 2018. Which sectors are affected, and what are the implications for foreign companies that have business activities in Switzerland?
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