Search Results for: Switzerland
Switzerland gearing up for corporate tax changes
November 22nd, 2018
The Swiss Government has announced that, in preparation for a major overhaul of the tax system, existing practices on the taxation of principal companies and finance branches will not be applied to new companies as of 2019. The Government’s ...
Town in Switzerland accepts tax payments in bitcoin
September 13th, 2017
Switzerland ramped up its bid to become a global hub for financial technology (fintech) and cryptocurrency start-ups with the decision by a town on the Italian border to accept tax payments in bitcoin. Chiasso announced that it would take ...
Switzerland launched a new tax reform proposal
April 12th, 2017
The steering body comprised of members from the Confederation and the cantons has completed a first round of hearings on tax proposal 17 with political parties, cities, communes, churches and the private sector. There is a broad consensus on ...
Switzerland to draw up a new corporate tax proposal
February 24th, 2017
During its meeting on 22 February 2017, the Federal Council instructed the Federal Department of Finance (FDF) to draw up the substantive parameters for a new tax proposal by mid-2017 at the latest following the vote on corporate tax ...
Switzerland to vote on corporate tax unification
February 7th, 2017
Swiss voters will vote next week on whether to reform corporate tax and remove the reduced tax rates that Switzerland currently grants to multinational firms Voters will be asked whether they accept the federal law that was adopted by ...
Switzerland initiates consultation on new Fintech regulations
February 4th, 2017
During its meeting on 1 February 2017, the Federal Council initiated the consultation on amendments to the Banking Act and Banking Ordinance in the fintech area. The revision should ensure that barriers to market entry for fintech firms are ...
Switzerland moves to end banking secrecy
December 5th, 2016
Today, the Federal Department of Finance (FDF) initiated the consultation on introducing the automatic exchange of information (AEOI) in tax matters with a series of other countries. The AEOI with these countries should enter into force on 1 January ...
Switzerland’s economy failed to grow for the first time in more than a year
December 2nd, 2016
Swiss Economy Unexpectedly Stalls on Weak Domestic Demand Median estimate in Bloomberg survey was for 0.3% increase Trade balance in goods and services had negative effect Switzerland’s economy failed to grow for the first time in more than a ...
Ernst & Young Switzerland Will Accept Bitcoin Next Year
November 29th, 2016
The Swiss branch of global professional services firm Ernst & Young is set to begin accepting bitcoin payments next year. Starting in January, EY Switzerland will accept bitcoin for invoice payments, the firm said last week. The company will also launch ...
Switzerland is easing its FinTech regulatory framework to boost its competitiveness
November 4th, 2016
A dynamic fintech system can contribute significantly to the quality of Switzerland’s financial centre and boost its competitiveness. Against this backdrop, the Federal Council called for an easing of the regulatory framework for providers of innovative financial technologies during ...
