On 11 March 2020, the UK Chancellor delivered his first Budget of the post-Brexit era. Important tax changes were anticipated, but did not really materialize. We discuss the announced UK tax changes – and the potential impact for Switzerland.
The EU Mandatory Disclosure Rules (DAC6) will apply as of 1 July 2020, with a retroactive effect of 2 years. Although the timeline is tight, questions still remain unanswered in practice.
Under the new Qualified Intermediary Agreement (Revenue Procedure 2017-15) released in 2017, banks acting as qualified intermediaries (QIs) are required to organize regular training sessions for all employees working on QI matters. Many QIs struggle to put into effect a reliable and cost-effective solution to this requirement. Using an external provider is an ef […]