In institutional fund management business, fund managers often receive their management fees directly from the investors in the fund (e.g. Swiss pension funds) rather than from the fund itself. Previously, the payment of these fees triggered Swiss VAT (currently 7.7%), albeit incorrectly.
Suite à la publication du Message du Conseil fédéral concernant le Projet fiscal 17 le 21 mars 2018, le Conseil des Etats, a débattu du projet de loi le 7 juin 2018. Suivant la proposition de sa Commission de l’économie et des redevances, il a étoffé le projet avec des mesures supplémentaires.
After the Swiss Federal Council has published its dispatch on the Tax Proposal 17 on 21 March 2018, the legislative proposal has been discussed in the first chamber of the Parliament (Council of States) on 7 June 2018. The Council of States has approved the application of its economic commission.