Expiry of Measures against Bankruptcies – Revival of Duties of Board of Directors
On 14 October 2020, the Federal Council decided not to extend the
measures against bankruptcies caused by COVID-19. The resulting consequences are explained in this newsletter.
How can companies benefit from the tax reform?
In the 5th October 2020 issue of NZZ, Roland Böhi and Lukas Scherer shed light on the tax reform measures of the patent box and the super-deduction for research and development expenses for the tax promotion of innovation in Switzerland which came into force in January 2020. The authors show that it can be worthwhile not only for large companies. Even for SMEs and start-ups, attractive options for tax savings arise, also in the software sector.
Residency for tax purposes (individuals)
The place of an individual’s tax residence for national tax purposes can be controversial if a person has permanent homes available to himself in more than one canton in Switzerland. A short presentation of some frequent constellations.
The Restructuring Review 2020: 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.
eSports and taxes
eSports – the competitive playing of computer and video games is enjoying growing popularity in Switzerland. So far, this phenomenon has not yet been given much attention in the Swiss tax environment. Our article flags open questions and provides possible solutions for eSports athletes as well as for eSports organisations.