All articles by Andrea Meule
krfacts Edition November 2019
Important changes in the law from 1 January / 1 July 2020
Various changes to federal legislation will enter into force on 1 January / 1 July 2020. Below is a selection of the most important changes which we have summarised for you.
krfacts Edition October 2019
The phasing out of bearer shares and changes to reporting duties for shareholders and partners
In 2015 Switzerland implemented the recommendations of the Groupe d'action financière (GAFI), which have led to the introduction of enhanced transparency requirements and reporting duties. On 21 June 2019 the Parliament approved the Swiss Federal Act on the Implementation of Recommendations of the Global Forum on Transparency and Exchange of Information for Tax Purposes. After the referendum deadline expired unused on 10 October 2019, the Act will enter into force on 1 November 2019. The new Act will further enhance transparency requirements with the aim of enabling Switzerland to pass the next national examination carried out by the Global Forum with flying colours.