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Private share of business vehicles - Increase in the flat rate for determining private shares

On March 15, 2021 the Federal Council amended the Professional Expenses Ordinance.

VALUE-ADDED COMPENSATION / VALUE-ADDED LEVY

The revised Spatial Planning Act (RPG) obliges the cantons to create the necessary regulations for the levying of an added value levy / added value compensation by April 30, 2019. Individual cantons were late with the implementation, including the canton of Zurich, which, however, now also implements the value-added compensation since January 1, 2021.

Interest rates for advances or loans in Swiss francs and foreign currencies in 2021

The granting of loans free of interest or at unreasonably low rates of interest to participants or related third parties has a monetary value.

Congratulations on promotions!

We congratulate Olivia Schlegel-de Toffoli on her promotion to Trust manager. At the same time we congratulate Carina Stieger on her promotion to Senior Trust Assistant.

We wish both of them continued success in achieving their business goals.

SFTA sets year-end exchange rates for 2020

The Swiss Federal Tax Authority has published the year-end exchange rates for all currencies as at 31.12.2020. The main year-end exchange rates at a glance.