Search Results for: Switzerland's tax
Switzerland’s Supreme Court Permits Dutch Tax Info Request
September 22nd, 2016
Switzerland’s Supreme Court has overturned the decision of a lower court preventing information on bank accounts held by Dutch citizens with UBS to be sent to the Netherlands tax authority. Upholding an appeal by a Dutch client of Swiss ...
Low tax Zug aims to become Switzerland’s ‘Crypto Valley’
September 8th, 2016
Zug town hall now accepts bitcoin More than a dozen crypto currency firms operating there so far Government looking at changing regulation to attract more firms The small Swiss canton of Zug, famed for the low taxes that have ...
Swiss bank UBS fined over tax evasion in French appeal
December 14th, 2021
A French court fined Swiss bank UBS 1.8 billion euros on appeal for its role in helping French residents commit tax fraud. UBS took the fight to the Paris appeals court after being initially hit with a 3.7-billion-euro fine ...
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 ...
Swiss Government Makes Case For Corporate Tax Reform
October 31st, 2016
The Swiss Federal Council has announced its support for the proposed changes to Switzerland’s corporate tax framework, known as Corporate Tax Reform III (CTR III), ahead of a referendum on the issue due to take place early next year. ...
The Swiss Council adopts dispatch on automatic exchange of tax information with eight states and territories
July 8th, 2016
The Federal Council adopted the dispatch on the introduction of the automatic exchange of financial account information with Iceland, Norway, Guernsey, Jersey, the Isle of Man, Japan, Canada and the Republic of Korea, and submitted it to Parliament for ...
Credit Suisse, HSBC dismiss ‘Panama Papers’ tax avoidance allegations
April 6th, 2016
Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed on Tuesday suggestions they were actively using offshore structures to help clients cheat on their taxes. Their comments came a day after a leak of four decades ...
Swiss banks win German market access after long-running tax tiff
July 17th, 2015
Swiss banks can more easily take on clients in neighbouring Germany, the Swiss government said on Thursday, after a deal that ends a lengthy standoff between the two countries over hidden offshore accounts. Germany’s wealthy have traditionally been the ...
