switzerland tax treaties

Swiss Asset Management Takes a New Turn in 2020

From January 1, 2020. The Swiss Financial Institutions Act (FinIA) and the Swiss Financial Services Act (FinSA) entered into force, updating the regulatory regime for trustees working in Switzerland. This means that all independent portfolio managers (PMs) and trustees subject to supervision under FinIA will have to be supervised by a Supervised organisations (SO) authorised by FINMA and get licensed by FINMA before they can be able to carry out their activities as financial intermediaries in Switzerland.

Cost of living in Switzerland

The cost of living in Switzerland is among the highest in the world, with the main cities Zurich and Geneva being named in the top 15 most expensive cities in the world in a 2019 study. On the other hand, Swiss salaries and the living standards are also among the highest in the world, which is the main reason why you should consider Switzerland a perfect location for work and living a quality life.

Tax reform in Switzerland approved by referendum

In May, this year, Swiss voters approved a referendum—a tax reform package to eliminate what the Ministry of Finance has called an existential risk for the country’s role as a financial and business center.

Switzerland – Germany double tax treaty

The most important provisions of the Switzerland - Germany double tax treaty for German investors and entrepreneurs doing business in Switzerland.

Switzerland – United States tax treaty

General provisions of the Switzerland - United States tax treaty regarding the taxation of individuals, companies, partnerships and other types of legal entities doing business in Switzerland.

International tax law – double taxation treaties

Each state has the sovereign right to levy taxes, which means that it has to deal with certain tax issues that concern not only its own citizens, but also citizens that are non-residents who occasionally or temporarily earn income in the respective state.