In the fight against harmful tax practices and to achieve tax transparency, Switzerland does not rest as a mere spectator, write Jean-Blaise Eckert and Frédéric Neukomm of Lenz & Staehelin. The Swiss Federal Council has adopted and amended various conventions, acts and ordinances following international tax standards and the OECD’s BEPS project, notably in exchange of information.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
After years of deafening silence, the UK tax authority is taking overdue action against corporates that fail to prevent the facilitation of tax evasion
The US president has raised India’s tariff rate to 50% because of its importation of Russian oil; in other news, firms made key international tax partner hires
Tax auditors themselves had not been aware of the new TP ‘transaction matrix’ requirements, ITR hears as five German partners share their client experiences
Specified taxpayers will have to apply a 19% VAT rate on services offered by third parties through their platforms; in other news, Donald Trump imposed 30% South African tariffs
Trump declared a new national emergency in issuing the order; in other news, Grant Thornton Germany is up for sale and the subject of interest from both its UK and US counterparts
The judgment, which saw Denmark's Supreme Court rely on OECD TP guidance, sets aside more than 15 years of consistent administrative practice, experts have told ITR