Switzerland is committed to implement OECD BEPS measures and adapt to the new international standards. The parliament approved the federal decree regarding the multilateral instrument allowing to amend bilateral tax treaties. It may be ratified after the referendum period expires on 11 July 2019. Authors: Eric Duvoisin, Svetlana Isaenko
On 12 March 2019, the Council of the European Union published an updated list of non-cooperative jurisdictions for tax purposes. Authors: Eric Duvoisin, Annette Mathot
By 1 January 2020 member states must implement a set of measures aiming for a uniform VAT treatment of certain cross-border transactions – it is time to act for businesses. Authors: Andrea Sohst, Christoph Drexl
On 10 February 2019, the popular vote in the canton of Basel-City has resulted in an important success for the Basel-City political parties, the Basel-City administration and the economic region. The “compromise for the implementation of Tax Proposal 17”, has been accepted by a large majority. Authors: Andrea Bätscher and Dominik Bürgy.
Pricing and risk models need to be adjusted to the Alternative Reference Rates (ARR). Entities will encounter several challenges in this process, the most critical being the lack of historical time series data, and absence of term structures and embedded credit risk components. The asymmetries between the benchmarks may ultimately lead to an increase of … More (L)IBOR Transition – Valuation and risk management considerations