In future, heirs are to reclaim withholding tax on inheritance income in their canton of residence. This new regulation enters into force on 1 January 2022.
The promotion of home ownership with funds from the occupational pension plan ("WEF") is, among other restrictions, in principle only possible for owner-occupied residential property (own use) and must be repaid in the event of a sale (or economically equivalent thereto). However, the Federal Supreme Court has now rejected the repayment claim of the pension fund in a case (BGE 9C_293/2020) with WEF advance withdrawal and later rental.
In recent weeks, a number of resolutions have been passed and changes initiated by the Federal parliament. Here is a brief overview of the most important points:
The Swiss Federal Tax Administration (“SFTA”) has updated the 2020 exchange rate lists including several crypto assets.
The Swiss Federal Tax Administration decides on a long overdue administrative simplification:
As the first canton in Switzerland, Zug is once again taking a pioneering role.
The people of Zug clearly said yes to the amendment of the Zug tax law to manage the financial consequences caused by the coronavirus.
SFTA cirular letters regarding safe haven interest rates for 2021 – some significant reductions in safe haven interest rates for foreign currencies
The amounts for paying into pillar 3a have been adjusted.
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Here you will find a list of some of the deductions you can make when filing your tax return.
Reduce your tax bill permanently by keeping in mind possible deductions.
The future is digital. With our new software, all tax documents are digitised and filed in the right place for further processing.
Reduce your tax bill permanently by keeping possible deductions in mind
Those who plan for retirement in a timely manner can save a lot on their taxes upon payout. It is important to arrange for the assets to be paid out over several calendar years.
Initial Coin Offerings (ICO), i.e. the raising of capital through the release of blockchain-based coins or tokens, are currently very much in vogue.
Despite the introduction of the Automatic Exchange Of Information (AEOI) at the beginning of 2018, a unpunished voluntary disclosure is still possible.