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Roland Böhi

Partner

Finance Director

Position: Partner
Practice Areas: Corporate & M&A , Private Clients , Tax
Field-Display: Banking & Finance Team , Capital Markets Team , Corporate & M&A Team , Employment & Pensions Team , Insolvency & Restructuring Team , Private Clients Team , Real Estate & Construction Team , Tax Maincontact , Management

Dr Roland Böhi is a member of the management committee and head of the Tax Team. He operates in all aspects of tax law. The expertise he has acquired over many years includes international tax law, M&A, corporate finance, real estate, Swiss and international corporate tax (including transfer pricing) and tax consultancy for private clients (including family offices). Roland Böhi advises a broad range of corporate clients from various industry sectors as well as private clients. He also specializes in corporate and commercial law.

E-Mail

+41 44 254 55 55

Linkedin

VCard

Admission to the Bar

Admitted in Switzerland (2003) 

Practice Areas

  • Tax
  • Private Clients
  • Corporate & M&A

Education

  • University of Zurich (Dr. iur., 2014; lic. iur., 2001)
  • Certified Tax Expert (Zurich, 2006)
  • Admitted to the bar (Zurich, 2003)

Languages

  • German
  • English
  • French

Memberships

  • International Bar Association
  • International Fiscal Association
  • Zurich and Swiss Bar Association

Assistant

Lucia Ruf-Grisolia
+41 44 254 55 13
lucia.ruf-grisolia@prager-dreifuss.com

Publications

Subject: Tax
Autor: Roland Böhi, Lukas Scherer
Reading time: 3 Min

Standardisation of the practice of employee share ownership throughout Switzerland

Die Praxis zur steuerlichen Behandlung von Mitarbeiterbeteiligungen erfährt per 1. Januar 2021 die drei nachfolgenden wesentlichen Änderungen. Das Praxisupdate erfolgte gestützt auf die Motion 17.3261 der Nationalratskommission für Wirtschaft und Abgaben (WAK-N) "Wettbewerbsfähige steuerliche Behandlung von Start-ups inklusive von deren Mitarbeiterbeteiligungen".

1. Mangels echtem Verkehrswert muss die Unternehmensbewertung mit einer tauglichen und anerkannten Methode erfolgen und der (steuerlich relevante) Verkehrswert kann analog der Bewertung für Vermögenssteuerzwecke bestimmt werden

Für nicht-börsenkotierte Unternehmen, die einen Mitarbeiterbeteiligungsplan implementieren, gilt ab 1. Januar 2021, dass die Bestimmung des Unternehmenswerts künftig ohne Weiteres anhand der Praktikermethode ((2x Ertragswert + 1x Substanzwert) geteilt durch drei) erfolgt. Für Unternehmen, welche die Qualifikation von Startups erfüllen, können je nach Kanton auch andere Bewertungsansätze von Relevanz sein. Unabhängig von dieser Praxisanpassung können Unternehmen nach wie vor eine Bewertung anhand einer eigenen Methode vornehmen (beispielsweise EBITDA-Multiple), vorausgesetzt, dass (i) die Formel das Geschäftsmodell plausibel widerspiegelt, (ii) sie nachvollziehbar ist und (iii) von den zuständigen kantonalen Steuerbehörden vorgängig als "tauglich und anerkannt" akzeptiert wird. Im Normalfall wird die Anwendbarkeit einer eigenen Bewertungsmethode mittels Steuerruling gesichert.

2. Schweizweite Möglichkeit eines steuerfreien Kapitalgewinns nach 5-jähriger Haltedauer

Vorab ein "Dämpfer" für Zürcher Arbeitnehmer und Unternehmen: Für diese ändert sich nichts. Was bislang nur für den Kanton Zürich galt, findet ab dem 1. Januar 2021 schweizweit Anwendung. Nach Ablauf einer 5-jährigen Haltedauer wird ein allfälliger Übergewinn (Differenz zwischen dem Wert anhand gleicher Formel wie im Zuteilungszeitpunkt und dem Verkaufspreis) nicht mehr besteuert. So qualifiziert die gesamte Differenz zwischen dem Wert im Zuteilungszeitpunkt und dem Verkaufspreis als steuerfreier Kapitalgewinn, vorbehalten die Besteuerung von Sperrfristverletzungen in den Jahren n6-n10.

Die erläuterte Steuerfreiheit des Kapitalgewinns gilt im Grundsatz nur für Veräusserungen an Dritte. Kantonale Unterschiede ausgeblendet bleibt für Verkäufe an das Unternehmen oder dessen Aktionäre die 5-jährige Haltedauer irrelevant und ein allfälliger Übergewinn unterliegt in den fraglichen Kantonen der Ein,kommenssteuer und den Sozialabgaben.

Auf neue Mitarbeiterbeteiligungspläne findet die Praxisanpassung zweifelsohne schweizweit Anwendung. Ideal wäre, wenn schweizweit gleiches für bereits bestehende Mitarbeiterbeteiligungspläne gälte. Dem ist leider – dem Föderalismus sei Dank – nicht so. Je nach Kanton bestehen unterschiedliche Auffassungen, in welcher Form die Haltedauer auf bestehende Mitarbeiterbeteiligungen gültig sein soll. Betroffene Unternehmen kommen nicht um den Gang zur zuständigen kantonalen Steuerbehörde, um diese Unklarheit zu lösen.

3. Aktien die zu Drittkonditionen erworben oder während der Gründung gezeichnet werden, qualifizieren nicht als Mitarbeiterbeteiligungen

Erwerben Arbeitnehmer ihre Aktien am Unternehmen zu den gleichen Konditionen, die für Drittinvestoren gelten, qualifizieren ihre Anteile nicht als Mitarbeiterbeteiligungen. Gleiches gilt für Aktien, welche von Anteilsinhabern (sogenannte "Gründeraktionäre") im Rahmen der Gründung der Gesellschaft erworben werden. Künftige bei Veräusserungen erzielte Kapitalgewinne sind deshalb vollumfänglich steuerfrei; unabhängig davon, ob der Verkauf an Dritte, an das Unternehmen oder an Aktionäre erfolgt. Zu Drittkonditionen bedeutet jedoch, dass bei Zuteilung kein Diskont infolge Sperrfrist gewährt wird.

Zu beachten sind dadurch allerdings anderweitige Angriffspunkte des Fiskus gegen den steuerfreien Kapitalgewinn, wie die Qualifikation der Anteile als Geschäftsvermögen, oder die Qualifikation des Arbeitnehmers respektive des Gründeraktionärs als gewerbsmässiger Wertschriftenhändler.

So begrüssenswert die Praxisänderungen sind, so unklar sind die Auswirkungen auf bestehende Mitarbeiterbeteiligungen, weil es an klaren Übergangsregelungen mangelt. Für betroffene Arbeitnehmer und Arbeitgeber lohnt sich eine schnellstmögliche Überprüfung und das Einschalten ihres Steuerberaters.

More...
Subject: Tax
Autor: Roland Böhi, Lukas Scherer
Paper: NZZ

How can companies benefit from the tax reform?

Subject: Tax
Autor: Roland Böhi, Nicole Fröhlich
Paper: PD Newsletter

Residency for tax purposes (individuals)

Subject: Tax
Autor: Roland Böhi, Lukas Scherer, Manuel Vogler
Paper: PD Tax Newsletter

eSports and taxes

Subject: Tax
Autor: Roland Böhi, Lukas Scherer, Manuel Vogler

The implementation of the patent box

Covid-19 and the related tax issues have been omnipresent in the Swiss tax landscape in recent months. The entry into force of the corporate tax reform (so-called TRAF) and the measures associated with it have inevitably been overshadowed by the Covid-19 pandemic. Nevertheless, companies have been able to profit from various TRAF measures as of 1 January this year. The patent box is one of those measures. Mid way through the first year of application, it seems like a good time to take a closer look at this measure in more detail.

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Subject: Loans / Covid 19
Autor: Roland Böhi, Nicole Fröhlich, Lukas Scherer, Manuel Vogler, Laura Bartesaghi
Paper: PD Tax Newsletter

Tax consequences of coronavirus for employees and companies

The Corona Pandemic confronts us all with new and unknown challenges. In order to make a small contribution to overcoming the current situation, the Tax Team describes certain tax implications of the coronavirus for both employees and employers and summarises the latest tax measures of the Swiss Federation and the cantons in connection with the coronavirus.

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Subject: Tax
Autor: Roland Böhi
Paper: NZZ

New article about a tax-efficient reorganization of real estate from the business unit which is for sale

In his latest article our tax partner Roland Böhi explains how an entrepreneur can reorganize his business with real estate so that the tax consequences are minimised when the business unit is subsequently sold and the real estate portfolio is still available to him as a capital investment. The article was published in Neue Zürcher Zeitung (German).

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Subject: Tax
Autor: Roland Böhi, Lukas Scherer, Manuel Vogler
Paper: PD Tax Newsletter

Additional deduction on research and development activities

The R&D super-deduction is an attractive tax measure which is not only favourable for companies but will also promote Switzerland as an international hub for innovation. Our publication deals with the key aspects of this tax measure.

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Subject: Tax
Autor: Roland Böhi, Lukas Scherer

The abolishment of holding company status: Measures to mitigate the tax burden

The Federal Act on Tax Reform and AHV Financing (TRAF) abolished cantonal tax privileges for holding, domicile and mixed companies. Roland Böhi and Lukas Scherer of Prager Dreifuss analyse the impact of the reform and assess the transitional measures set up to alleviate an additional tax burden.

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Subject: Tax
Autor: Roland Böhi, Nicole Fröhlich
Paper: PD Newsletter

Tax-exempt private capital gains subject to increasing restrictions

Generally, private capital gains are tax-exempt in Switzerland. However, this principle is subject to restrictions which seem to be getting more and more strict.

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Subject: Tax
Autor: Roland Böhi, Nicole Fröhlich
Paper: PD Tax Newsletter

Tax loss allocation in real estate companies - clarification by the Federal Supreme Court

Tax losses incurred by a real estate company in secondary tax domiciles are to be borne by the primary tax domicile in the first place. Losses exceeding the profit at the primary tax domicile are to be allocated proportionally to the other secondary tax domiciles. The Federal Supreme Court recently made a new ruling.

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Subject: Tax
Autor: Roland Böhi, Lukas Scherer, Manuel Vogler
Paper: PD Tax Newsletter

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.

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Subject: Tax
Autor: Roland Böhi, Peter Hongler (Walder Wyss AG)
Paper: IFA 2019 London Congress, Cahiers

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.

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Subject: Tax
Autor: Roland Böhi, Manuel Vogler
Paper: IFLR

Tax Summer Update: Revised Swiss corporate tax reform and required actions to benefit

The Swiss electorate recently approved the long awaited Swiss Corporate Tax overhaul. In this IFLR article, the Prager Dreifuss tax team describes its various measures and how the tax reform will be implemented on a cantonal level.

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Subject: Tax
Autor: Roland Böhi, Manuel Vogler, Danielle Wenger
Paper: PD Newsletter

New ruling regarding joint and several tax liability of directors

The tax team discusses a new ruling of the Swiss Federal Supreme Court regarding the joint and several tax liability of board members in case of a factual liquidation and its impact.

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Subject: Tax
Autor: Roland Böhi, Nicole Fröhlich, Danielle Wenger
Paper: PD Tax Newsletter

Tax Newsletter April 2019: Implementation of Multilateral Instrument (MLI) in Switzerland

As part of the BEPS Project, the OECD has developed the Multilateral Instrument (MLI) to efficiently modify a large number of bilateral tax treaties. Switzerland has signed the MLI and it has been ratified by the Parliament on 22 March 2019. 

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Subject: Tax
Autor: Roland Böhi
Paper: NZZ

Avoidance of tax costs in corporate successions

Set the course on time in order to avoid tax costs in corporate successions

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Subject: Tax
Autor: Roland Böhi, Danielle Wenger
Paper: PD Newsletter

International Debt Financings of Swiss Headquartered Groups Become Even More Attractive

International debt financings of Swiss headquartered groups become even more attractive pursuant to a recently announced clarification of the practice applied by the Swiss Federal Tax Administration

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Subject: Tax
Autor: Roland Böhi, Manuel Vogler, Danielle Wenger
Paper: PD Newsletter

Tax Newsletter / January 2019: new and well-known tax traps in corporate succession

Subject: Tax
Autor: Roland Böhi, Manuel Vogler, Danielle Wenger
Paper: PD Tax Newsletter

Tax Newsletter Dezember 2018: Besteuerung von Blockchain und Kryptowährung

Das Tax Team bespricht die Besteuerung eines Initial Coin Offerings anhand eines Fallbeispieles.

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Subject: Tax
Autor: Roland Böhi, Manuel Vogler, Danielle Wenger
Paper: PD Tax Newsletter

Tax Newsletter November 2018: Revised Swiss corporate tax reform

Revised Swiss corporate tax reform will keep Switzerland a top corporate location – a brief overview.

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Subject: Tax
Autor: Roland Böhi, Nicole Fröhlich, Danielle Wenger
Paper: PD Tax Newsletter

Tax Newsletter March 2018:

Subject: Tax
Autor: Roland Böhi, Danielle Wenger, Stefan A. Wandel
Paper: PD Newsletter

Tax Newsletter February 2018: Reform of the U.S. Tax Regime – The Swiss Perspective

Prager Dreifuss takes a closer look at international linkages of the recent U.S. tax reform and analyzes the major challenges ahead for individuals as well as multinational corporations in Switzerland.

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Autor: Roland Böhi, Danielle Wenger, Stefan A. Wandel
Paper: PD Tax Newsletter

Tax Newsletter December 2017: Taxation of Initial Coin Offerings in Switzerland

Prager Dreifuss breaks down the taxation models applied to Initial Coin Offerings to help give you a better sense of the current Swiss fiscal regulatory spectrum.

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Autor: Roland Böhi, Danielle Wenger, Laura Oegerli
Paper: PD Newsletter

Tax Newsletter November 2017: Country-by-Country Reporting for Multinational Corporations and Automatic Exchange of Information of Financial Data as of 1.1.2018

As of 1.1.2018, multinational corporations will be obliged to generate country-by-country reports. Further, certain financial data will be subject to the automatic exchange of information as of 1.1.2018.

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Autor: Roland Böhi, Danielle Wenger, Laura Oegerli
Paper: PD Newsletter

Newsletter October 2017: New Provisions as of 1.1.2018 in the Swiss Federal Act on Value Added Tax

Revision of the Swiss VAT: Switzerland expands VAT liability for foreign companies and e-commerce providers and reduces the VAT rate by 0.3%.

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Autor: Roland Böhi, Danielle Wenger
Paper: PD Newsletter

Newsletter May 2017: Flat-rate Taxation for high-net-worth individuals

Foreign nationals resident in Switzerland can be taxed on a lump-sum (flat-rate) basis if they are not gainfully employed in Switzerland. This taxation is based on the taxpayers’ actual annual living expenses rather than on their income and assets and offers attractive tax planning opportunities.

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Autor: Roland Böhi, Danielle Wenger
Paper: PD Newsletter

Newsletter April 2017: Spontaneous exchange of information of tax rulings as of 1.1.2018

Switzerland implements BEPS action point 5 and will exchange particular tax ruling information as of 2018 with partner states by means of spontaneous exchange of information.

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Autor: Roland Böhi, Danielle Wenger
Paper: PD Newsletter

Newsletter March 2017: Double Taxation Treaty Switzerland - Liechtenstein, entered into force on January 1, 2017

The first tax treaty between Switzerland and the Principality of Liechtenstein simplifies the cross-border business from a tax point of view.

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Autor: Roland Böhi, Danielle Wenger
Paper: PD Tax Newsletter

Newsletter - February 2017: 30-day Notification Period for Intercompany Dividends Eased – Assessment of Repayment Claims Relating to Withholding Taxes Paid and Default Interests Paid is Necessary

30-day notification period for intercompany dividends eased – assessment of repayment claims relating to withholding taxes paid and default interests paid is necessary

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Autor: Roland Böhi, Anna Eldring
Paper: Expert Focus

Restructuring Merger with minority Shareholders

Dr. Roland Böhi explains the tax implications of a restructuring merger between sister companies in a situation where minority shareholders  now hold shares in the merged company in exchange for restructuring measures.

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Autor: Roland Böhi
Paper: IFF Forum für Steuerrecht

Undercapitalization or Deemed Equity?

Dr. Roland Böhi analyses the Swiss legal basis to prevent undercapitalization. Referring to a recent decision of the Swiss Supreme Court, he demonstrates inconsistencies between legislation and tax practice which result from the legal obligation to make an economic distinction between equity and debt financing. On the basis of the Best Practice of the OECD/G20 within the framework of the BEPS Action 4 measures, he shows if and how a so-called "interest barrier" could be a viable remedy in Switzerland.

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Autor: Roland Böhi
Paper: Der Schweizer Treuhänder

Indirect Financial Loss within a Corporate Group

The article of Dr. Roland Böhi discusses which risks arise from an indirect distribution of profits of a subsidiary to its grandparent company or to an affiliate. In particular, the article focuses on tax consequences for the Swiss tax subjects.

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Autor: Roland Böhi
Paper: Der Schweizer Treuhänder

Employee Participations - Qualification of the Remuneration on the Disposal of Shares

In practice, there is often a problem of a satisfactory distinction between tax-exempt private capital gains and taxable income from taxable employment in case of disposal of employee participations held as private assets. Dr. Roland Böhi presents the general basics of employee participations and elaborates on the tax issues surrounding this topic.

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Autor: Roland Böhi
Paper: Steuerrevue

Merger Gains and Losses: Accounting and Tax Issues Part 1

In the Steuerrevue, Dr. Roland Böhi explains how merger gains and –losses are managed in cases of an up-stream merger, down-stream merger and a merger of two sister companies. He expands on accounting, commercial law and tax law issues.

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Autor: Roland Böhi
Paper: Steuerrevue

Merger Gains and Losses: Accounting and Tax Issues Part Two

In the Steuerrevue, Dr. Roland Böhi explains how merger gains and –losses are managed in cases of an up-stream merger, and down-stream merger and a merger of two sister companies. He expands on accounting, commercial law and tax law issues.

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Autor: Roland Böhi
Paper: Der Schweizer Treuhänder

Updated Review on the Determination of Deemed Equity

The distinction between equity capital and loan capital is still relevant from a tax point of view when choosing external financing. Since 1995, the reclassification from loan- to equity capital is regulated by law. The administrative application of this legislation is challenging and bears pitfalls when applied in specific cases. In this essay, Dr. Roland Böhi demonstrates how deemed equity can appropriately be assessed.

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