A new regime for Swiss withholding tax and Swiss stamp tax?

On 27 September 2019, the Swiss Federal Council issued additional guidelines on a proposed reform of the Swiss withholding tax (“WHT”) and Swiss stamp tax (“SST”) regimes. The Proposal includes (1) the introduction of a new WHT on interest based on the “Swiss paying agent” principle, and (2) an exemption from SST for transactions with debt securities […]

Protocol to the Swiss-U.S. Double Tax Treaty – latest developments

Further to our Newsletter of 10 July 2019 (see attached), Switzerland and the U.S. have exchanged the instruments of ratification of the Protocol to the Swiss-U.S. Double Tax Treaty (DTT), which has entered into force with effect from 20 September 2019. This has the following key implications for Swiss Financial Institutions (SFI).

Prévoyance et immobilier – pratique fiscale genevoise

Selon la pratique fiscale genevoise, les plus-values immobilières réalisées par les institutions de prévoyance sont soumises à l’impôt sur le bénéfice et non à l’impôt spécial. Réflexion critique sur cette approche et commentaires quand à l'impact de la réforme fiscale sur cette dernière.

TRAF: EXPERTsuisse Q&A on tax accounting impact under IFRS

EXPERTsuisse working group recently discussed and agreed on the answers to many important questions that will be relevant when accounting for TRAF. Read about the three most important areas to consider.

Switzerland – Revision of Withholding Tax Ordinance will come into effect in 2021

The Swiss Federal Council released a circular on the revised federal withholding tax laws, providing a commentary and practical guide to these new rules. Read about these new rules in our blog.

Protocol to the Swiss-U.S. Double Tax Treaty

After being blocked for a decade, the 2009 Protocol to amend the Swiss-U.S. Double Tax Treaty (“Treaty”) is likely to be subject to a vote in the U.S. Senate during August. Read about the key consequences for Swiss Financial Institutions (“SFI”) in this article.