Billions in fines
The case The decisions of the European Court of Justice (ECJ) against Apple and Google are significant milestones in the EU’s fight against anti-competitive behaviour by large tech companies. Source: European Court of...
Read MoreEffective financial supervision
The case Stefan Walter, Director of the Swiss Financial Market Supervisory Authority FINMA, has once again emphasised the importance of a clear legal framework that allows effective financial market supervision. Source: FINMA...
Read MoreCuts in the federal budget totalling CHF 4-5 billion?
The case A group of Swiss experts, appointed by the government, has put forward a comprehensive plan to help stabilize the country’s federal finances, which have been projected to fall into a deficit of around CHF3 billion...
Read MoreThe Sky is the Limit for Family Offices
The case Deloitte Private’s latest report in its Family Office Insights Series – Global Edition explores the rapid expansion of family offices and offers a vision of the future landscape. Source: Deloitte & finews The...
Read MoreSpecial tax for large Swiss corporations
The case The Federal Council has decided on the second phase of the implementation of the global minimum tax in Switzerland, which was developed as part of the OECD initiative to introduce a minimum tax of 15 % for large...
Read MoreCrisis looming after record years?
The case One cannot help but presume that the two major global auction houses, Christie’s and Sotheby’s, are experiencing a crisis because their business dealings with the Asian super-rich have been declining, which...
Read MoreIntroducing immigration tax ?
The case The Swiss Liberal Democratic Party’s President, Thierry Burkart, has come up with a proposal suggesting the implementation of an immigration tax on Swiss companies that hire foreign workers as part of ongoing...
Read MoreWhy is Italy doubling the “flat tax” to EUR 200,000/year?
The case Italy’s decision to double the “flat tax” on income earned abroad by wealthy individuals who move their tax residence to the country is a significant move in the ongoing debate about tax havens and...
Read MoreHottest topic of the Autumn session of 2024
The case During the 2024 autumn session, both the Swiss National Council (Nationalrat) and the Council of States (Ständerat) are going to address several significant legislative dossiers. The session is scheduled to take place...
Read MoreFurther action against Russia
The case US Treasury takes further action against Russia’s International supply chains. Source: US treasury The commentary The U.S. Department of the Treasury and the Department of State have expanded sanctions on Russia,...
Read MoreUkrainian Assets are to remain frozen
The case In its judgements B-2284/2023 and B-3507/2022, the Federal Administrative Court (FAC) rejected appeals lodged against the freezing of assets belonging to politically exposed persons associated with former Ukrainian...
Read MoreA precious secret
The case The Social Democratic Party of Switzerland is planning to also completely abolish banking secrecy for domestic taxpayers. Source: Parlament (German) & NZZ am Sonntag The commentary The party’s move might have...
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