Entradas de blog

The District Court from VD had to judge a case where an employee had sued for sexual harassment at work. A supervisor had sent unwanted SMS among others and made advances.

A contractor had been sued before the Labor Court because the Social Insurance Institution didn’t pay her daily allowances on time during maternity leave. The employee complained that the employer must pay the daily allowances directly and immediately to her.

The court granted the employer justice, as he had marked on the form that the SVA should be paid directly to the employee. It was not his fault that the SVA was paid too late.

 

(Source: Labor Court of Zurich, judgment AH140099 from 10/14/2014)

In Switzerland, resident legal entities can apply electronically for refund or withholding tax on Form 25 immediately.

To reclaim the withholding tax, a company must fill out a claim form and send it to the Federal Tax Administration. New is that this application and the necessary documents can also be sent online. For reasons of legal certainty then a signature in paper form must be delivered.

The tax partners can view their data online and edit. Companies will be able to empower their employees or trustees.

With the new accounting law, a distinction between a primary and a subsequent valuation of assets is created. This concept is responsible for ensuring that the assets may be carried at an observable market price. As maximum of these balance sheet items, the purchase price was so far exclusively allowed.

New is a distinction between:

Initial measurement: At their initial recognition the assets are to be valued most about cost.

Subsidiaries are legal entities with capital that is partially or totally owned by foreign companies. However, the management of the subsidiary is not conditioned by the foreign capital, and the entity is able to handle business contracts, hire employees or issue and transfer shares.

Double taxation refers to the fact that two countries collect simultaneously taxes on the same company. This situation often arises when companies have subsidiaries or branches in various countries.

The cantonal laws and tax rates in Switzerland may vary considerably from one canton to another, which is why it’s important to carefully consider where you establish a company in Switzerland.

A Swiss holding company is usually founded in the form of a GmbH or AG. This type of company holds and manages long – term financial investments and participations in other corporations. A holding company is the perfect solution for investors that need to manage the majority of the shares from other companies. Switzerland is currently one of the countries that offer the best tax benefits for foreign investors.

The Swiss tax system is characterized by various levels of direct taxation: direct federal tax, cantonal taxes and municipal taxes. The tax legislation in the individual Swiss cantons is often very different from one canton to another.

Since the establishment of the Bilateral Agreements between Switzerland and the European Union, citizens from the EU residing in Switzerland for profit – making purposes, have a legal claim to the access to the Swiss labor market, given that all the required legal conditions are met. The agreements also apply to the states that are members of the European Free Trade Association.