Switzerland

US Tax Reform: some (good) news for Swiss groups

Since President Trump took office in January, there has been a lot of discussions around a significant reform of the US Tax Code as such reform had been set as a top priority to the new President. After first signals of a possible fundamental reform with fast implementation, the developments in the last few months have shown that this might not be the case.
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Chinese Cyber Security Law: challenges for Swiss companies operating in China

China's new Cyber Security Law was released on 1 June 2017. The highly contested guideline, titled “Information Security Technology – Guidelines for Data Cross-Border Transfer Security Assessment”, requires network operators to conduct security assessments prior to transferring specific information outside of China.
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Fighting insider threats: One size fits all doesn’t work

Stop insider threat before it walks through the door. Robust screening and vetting processes alongside traditional recruitment strategies can help spot red flags. And the periodic review of existing employees is also an essential countermeasure. Above all, when in doubt, seek outside help.
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Tax Proposal 17 – forced slow down for Vaud

The Vaud authorities thought they had passed the hardest hurdle with the acceptance by their residents of a reduction of the profit tax rate to 13.79%. However, the uncertainty caused by the refusal of the Swiss Corporate Tax Reform III (CTR III) on 12 February 2017 continues to rule.
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Tax Proposal 17 – cornerstones for implementation in the Canton of Zug

After the steering body comprised of federal and cantonal representatives has adopted recommendations on a balanced tax proposal 17 for the attention of the Federal Council, the Canton of Zug has confirmed the cornerstones for the cantonal implementation of TP17.
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Tax Proposal 17 – Switzerland presents its parameters

Subsequent to the Swiss electorate’s rejection of the Swiss Corporate Tax Reform III on 12 February 2017, the Swiss Federation will soon be presenting a new tax reform. On 9 June 2017, Federal Councilor Ueli Maurer informed the public about the parameters of the new Tax Proposal 17, a reform which is largely based on the Swiss Corporate Tax Reform III.
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