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Switzerland

  • Editorial: Still the place to be

  • Exchange rate differences and foreign currency translation

    Andreas Helbing and Fabian Duss of ADB Altorfer Duss & Beilstein outline the rules applying to bookkeeping in foreign currency and the translation of financial statements into local currency and look at how multinational groups are affected by a landmark court decision about the tax treatment of translation differences.

  • Pitfalls leading to creation of tax liability in Switzerland

    To avoid creating a tax liability, taxpayers should be aware of the criteria to be taken into consideration when carrying out business activities in Switzerland, whether through use of a Swiss branch or a Swiss place of effective management, explains Rolf Wüthrich of burckhardt.

  • Switzerland as platform for IP and finance activities

    For many years, Switzerland has been a successful jurisdiction for locating intellectual property (IP) and finance activities. One of the many reasons for its success resides in Switzerland’s capacity to provide a very competitive tax environment. Jean-Blaise Eckert and Heini Rüdisühli of Lenz & Staehelin’s Geneva and Zurich offices explain how taxpayers can take advantage of the tax benefits.

  • Sustainability and defence of principal company structures

    The concept of a principal company structure (PCS) is far from new, yet national tax regimes are increasingly targeting these structures for enhanced and aggressive scrutiny. While this increased scrutiny is not limited to Swiss-based PCSs, Carl Bellingham and John Lindstrom of PwC warn that tax authorities may focus on a Swiss-based PCS due to the sheer number of such structures in Switzerland.

  • Taxing non-resident employees

    Ingo Heymanns and Andrew Chapman of PwC analyse a recent Federal Court of Switzerland ruling that provides clarification on the taxation of employment income for non-resident employees of an employer domiciled in Switzerland.

  • Customs done the Swiss way

    Any foreigner living in Switzerland will tell you they do things a little different, from how people work and play to how business is done. How customs is regulated is no exception, argue Simeon Probst and Christopher Roberts of PwC.

  • How Nidwalden’s competitive licence box regime works

    Nidwalden has created a licence box regime that offers tax relief for qualifying companies. Other cantons could follow its example, believes Harun Can of Schellenberg Wittmer.

  • Taxation of Swiss real estate investments

    Almost unscathed by the sub-prime turmoil during the last couple of years, the Swiss real estate market is, and has always been, an attractive investment location. Stephan Pfenninger, of Tax Partner – Taxand, assesses the reasons why.

  • Corporate tax reforms will keep Switzerland ahead of competition

    Switzerland has long been a desirable location for multinationals, thanks largely to its extremely competitive corporate tax regime. Samuel Ramp and Oliver Jaeggi, of Tax Partner – Taxand, explain how new tax reforms initiated by the Swiss government will make the country’s regime even more attractive for international companies in future.


International Correspondents