Swiss Federal Council


Switzerland adopts strategic directions to boost its Financial sector

During its meeting on 19 October 2016, the Federal Council adopted a report and laid the foundations for a future-oriented financial market policy. The focus is on five strategic ... Read More

Switzerland Postpones Withholding Tax Reforms

The Swiss Federal Council is to postpone a planned overhaul of the withholding tax (WHT) system and re-examine the appropriateness of the reforms at a later date. In Switzerland, ... Read More

Switzerland Rules Out FTA With EU

The Swiss Federal Council has concluded that a free trade agreement with the European Union (EU) would be a step backwards and cause uncertainty. The Council was responding to ... Read More

Swiss Voters Reject Proposal To Replace VAT

Swiss voters have resoundingly rejected a proposal to replace the value-added tax with an emissions-based levy. A referendum on the popular initiative, known as “Energy Rather than VAT,” was ... Read More
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Switzerland, Italy Sign Landmark Double Tax Protocol

Switzerland and Italy have signed a protocol to their double tax agreement (DTA) and a roadmap for tax cooperation – deals that the Swiss Government says will improve relations ... Read More
swiss banks

Switzerland Legislates For Automatic Exchange tax-related information

The Swiss Federal Council has launched two parallel consultations on legislation that would enable Switzerland to automatically exchange tax-related information from 2018. The first consultation concerns draft legislation arising ... Read More
swiss banks

Switzerland To Refine the withholding tax (WHT) system

The Swiss Federal Council has said that it intends to refine the withholding tax (WHT) system, to provide increased stability and facilitate the raising of capital. The Council explained ... Read More
swiss banks

Switzerland To Join Multilateral Convention On AEOI

The Swiss Federal Council has approved plans for the nation to join the Multilateral Competent Authority Agreement (MCAA) on the Automatic Exchange of Financial Account Information, describing it as ... Read More
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