Amended protocol of double taxation agreement between Switzerland and USA
On 20 September 2019, Switzerland and the USA ratified the protocol of amendment of their double taxation treaty. The implemented protocol is intended to mark “a milestone” in the cross-border tax relationship between the two countries and permits now the full exchanges of information between Switzerland and the US.
The Restructuring Review 2019: Switzerland
Daniel Hayek and Mark Meili published the Swiss chapter in the latest edition of The Restructuring Review. In this chapter, the authors give an overview of the distinctive features of Swiss restructuring laws.
Tax Newsletter September 2019 – IFA country report 2019: Analysis of Swiss interest deductibility restrictions from the perspective of BEPS Action 4
As part of the IFA Congress 2019 held in London, the authors discuss BEPS Action 4 (interest deductibility) and its implementation in Switzerland. Interest limitation rules, as the ones proposed in BEPS Action 4 or ruled in the ATAD of the European Union, have not been discussed intensively in Switzerland. Nevertheless, Switzerland has known thin capitalisation rules for more than 20 years and has established own regulations to prevent base erosion and profit shifting. As far as the authors observe, there is no intention by the Swiss legislator to change the current rules and implement new ones.
Fintech Newsletter September 2019: Practical Implications of the new FINMA Guidance on Payments on the Blockchain
Dr. Michael Mosimann and Dr. Christian Schönfeld discuss the practical implications of the new FINMA Guidance 02/2019 dated 26 August 2019 on payments on the blockchain.
Swiss Construction Law Conference 2019 – Presentation: New collaboration models in construction projects – New risks and what they mean for planners’ professional liability insurance
The forms of collaboration are changing. New models of collaboration affect the risks of those involved in construction. Hans-Ulrich Brunner was a speaker at the 23rd Swiss Construction Law Conference 2019 in Fribourg. In his presentation, he examined the impacts of new collaboration models on the liability insurance of planners.