New Ticino tax law 2020

The deadline for the referendum against the new Ticino tax law expired unused on 7 January 2020 and the corporate tax law adjustments entered into force retroactively on 1 January 2020.

How Campione d’Italia quietly entered the EU Customs Union

With everyone focusing on Brexit and the introduction of the EU VAT Quick Fixes, it was hardly noticed that Campione d'Italia as from 1 January 2020 is no longer part of the Swiss Customs Territory and was added to the Customs Territory of the EU.

Final regulations reducing burden under QI & FATCA

On 27 December 2019, the U.S. Department of Treasury and the U.S. Internal Revenue Service IRS released final regulations under chapter 4 (FATCA) and chapter 3 (QI) providing burden relief under QI & FATCA.

New ruling on perceived dividend stripping and stock lending transactions

On 16 December 2019, the Swiss Federal Supreme Court ruled on a case concerning perceived dividend stripping transactions. Similarly to previous rulings, the Court once again rejected the refund of Swiss withholding tax.

Recent QI, FATCA & Section 871(m) updates

Jason Zücker summarizes the key points and comments on the implications for Swiss financial institutions (SFI) to shed some light on the latest updates regarding Section 871(m) and the QI/FATCA regimes.

32nd Annual Forum of the International Tax Information Reporting and Withholding Conference

The 32nd Annual International Tax Withholding and Information Reporting Conference was held in New York City on November 14–15, 2019. This forum offered industry professionals the chance to interact directly with counterparts at other financial institutions and with the U.S. Internal Revenue Service (IRS) on recent developments impacting withholding and report […]