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SFTA sets year-end and annual average exchange rates for 2019

The Swiss Federal Tax Authority has published the year-end exchange rates for all currencies as at 31.12.2019 together with the annual average exchange rates for 2019. The main year-end exchange rates at a glance.

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Contribution rates – Social insurances from 1 January 2020

We are happy to provide our yearly overview about the social insurances for the following year.

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Tax reform and AHV financing (TRAF)

On 19 May 2019, with the adoption of the Federal Act on Tax Reform and AHV Financing (TRAF), the Swiss voters created the basis for an internationally compliant, competitive tax system for companies and the strengthening of the Old-age and survivor's insurance (OASI).

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Abolition of Bearer Shares

Subsequent to the deliberation in the Swiss parliament it is confirmed that the bearer shares will be abolished in Switzerland.

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Circular No. 45 - Tax at Source on earned income of employees

On June 12th, 2019 the final version of the Circular No. 45 «Tax at Source on earned income of employees» has been published.

 

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