Swiss Tax e-newsletter - October 2020
Discover the recent tax news in our newsletter (content in English or French)
Withholding tax - Major changes for personal taxation!
Many private individuals working in Switzerland have their taxes levied at source by their employer and remitted to the Swiss state on their behalf every month. On 1 January 2021, the new law on withholding tax will come into force. While the change in this law could almost go unnoticed by the employer, the same cannot be said for the employee subject to withholding tax!
VAT - Grant versus other retribution: Beware of the VAT risk in case of misinterpretation on the part of the beneficiary!
Grants or similar contributions from public authorities are not considered as turnover from a VAT perspective. They are therefore not subject to VAT. However, they regularly give rise to adjustments during VAT controls. Indeed, grants imply a reduction of the refundable tax (input tax).
Impacts of the Covid-19 crisis on transfer prices
The current crisis has affected many sectors at the international level and raises questions in different areas, including taxation and especially transfer pricing.
New insights on mandatory reporting of cross-border arrangements - DAC6
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