Swiss Tax e-newsletter - November 2022
Discover the recent tax news in our newsletter (content in French)
New inheritance law: more freedom in the allocation of assets
On 1 January 2023, a partial revision of the inheritance law comes into force. The aim of this revision is to adapt the law of inheritance to the evolution of society, without changing its fundamental structure.
Innovative companies, benefit fiscally from your investments in research and development!
Contrary to popular belief, the pursuit of research and development (R&D) activities is not limited to start-ups and companies active in fundamental research. For nearly three years, self-employed persons and Swiss companies have been able to deduct from their taxable profits the R&D expenses they have incurred in Switzerland, up to an amount exceeding 50% of the R&D expenses justified by commercial use.
Employee share ownership plan: a seemingly minor change with major consequences for non-listed companies
Since 1 January 2021, there has been an initially minor change in the tax treatment of employee participation plans.
VAT treatment of private shares (remuneration in kind): a little-known subject with impacts that should not be overlooked!
The subject of private shares is often misunderstood and is a source of ambiguity or even misunderstanding, which regularly leads to VAT adjustments. For example, the granting of private shares by an employer can have an impact on the salary certificate of an employee, a shareholder, a director, etc.
Criminal tax law: cumulation of sanctions against legal entities and their bodies
It is of utmost importance for the organs of Swiss corporations to critically examine certain transactions between related persons. In a recent decision, the Federal Supreme Court confirmed once again that not only the legal entity but also its organs (e.g. members of the board of directors) can be prosecuted for tax evasion.
Withholding tax - Simplification of the FTA's practice in the case of international profit adjustments
The entry into force of the Federal Act on the Execution of International Tax Treaties (ETA) on 1 January 2022 has resulted in a change in the current practice of the Federal Tax Administration (FTA) with regard to withholding tax in the case of international profit adjustments resulting from a mutual agreement procedure.