Switzerland

Transfer pricing news, BEPS news, and international tax news in Switzerland

Swiss tax administration appoints next Director

Posted on by in BEPS, Europe, Latest, Multinational Tax, OECD, Switzerland, Tax and tagged .

The Swiss Federal Council has appointed Tamara Pfammatter as the new Director of the Federal Tax Administration (FTA) with effect from April 1, 2023.

Pfammatter, who will succeed Adrian Hug, is currently an ambassador and a member of management at the State Secretariat for International Finance (SIF). As the Head of the Tax Division, she is responsible for Switzerland’s international tax dossiers and for the multilateral negotiations in the OECD’s project on taxing the global economy.

For over a year prior to her current post, she was deputy divisional head in the Tax Division and divisional head in the Corporate Taxation Policy Division at SIF. From 2009 to 2020, she worked as a project leader in the Tax Policy Division of the FTA. 

Inter IKEA Group paid less corporate income tax in 2022

Posted on by in BEPS, Latest, Multinational Tax, Netherlands, OECD, Sweden, Switzerland, Tax, Tax Avoidance, Transfer Pricing and tagged .
Inter IKEA Group paid less corporate income tax in 2022

The amount of corporate income taxes paid by Inter IKEA Group decreased to EUR 322 million (EUR 398 million in the 2021 financial year). However, the total tax contribution increased slightly to EUR 1,996 million (EUR 1,916 million in the 2021 financial year).Continue Reading

Raoul Stocker joins Bär & Karrer as Partner

Posted on by in Latest, Multinational Tax, Switzerland, Tax and tagged .

Leading Swiss law firm Bär & Karrer has hired Raoul Stocker as a tax partner.

Raoul has 10 years of experience as a partner in tax law and is an honorary professor of tax law at the University of St. Gallen and director of the Institute of Finance and Fiscal Law.

Daniel Hochstrasser, senior partner, commented: “He will support our tax team in corporate tax law, dispute resolution in national and international tax law, as well as transfer pricing. His legal expertise and know-how will help us continue to grow our offering for our clients.”

Manuel Koch joins transfer pricing specialist Questro’s Stuttgart office

Posted on by in Americas, Europe, Germany, Latest, Multinational Tax, Switzerland, Tax, Transfer Pricing, US and tagged .

Transfer pricing specialist Questro International has hired Manuel Koch as a Partner for the firm’s office in Stuttgart, Germany.

Koch brings significant experience of over ten years specialization in transfer pricing consulting. Koch has wide experience in international tax planning engagements for international corporates including holding and principal structures as well as Swiss finance branches and IP boxes.Continue Reading

New EU corporate tax avoidance rules enter into force

Posted on by in Austria, BEPS, Denmark, Europe, Finland, France, Germany, Ireland, Italy, Latest, Luxembourg, Multinational Tax, Netherlands, Norway, OECD, Spain, Sweden, Switzerland, Tax, Tax Avoidance, UK and tagged .
New EU corporate tax avoidance rules enter into force

The new anti-abuse measures entered into force on January 1, 2019.Continue Reading

Switzerland Expands Country List for Exchange of CbC Reports

Posted on by in BEPS, Europe, Latest, Switzerland, Transfer Pricing and tagged .
Switzerland Expands Country List for Exchange of CbC Reports

The Swiss Federal Council on October 17 decided to expand the list of countries with which Switzerland would exchange country-by-country (CbC) reports.

The legal basis for the exchange of CbC reports entered into force for Switzerland on December 1, 2017. Switzerland had then submitted to the OECD a list of 108 countries with which the Government will exchange CbC reports.Continue Reading

Mutual Agreement Procedure Statistics Published for 2017

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Mutual Agreement Procedure Statistics Published for 2017

The OECD on October 10 published its 2017 mutual agreement procedure (MAP) statistics covering 85 tax jurisdictions.

According to the 2017 MAP statistics, new transfer pricing MAP cases are up by 25 percent and other MAP cases by 50 percent. Anecdotal evidence suggests that the increase in new MAP cases is due to a range of factors including the effects of the new reporting framework and increased awareness of and expectations from taxpayers about MAP, the OECD noted.Continue Reading

Switzerland Adopts Dispatch on BEPS Convention

Posted on by in Africa, Argentina, BEPS, Chile, Europe, Italy, Latest, Luxembourg, Mexico, South Africa, Switzerland, Transfer Pricing, Turkey and tagged .
Switzerland Adopts Dispatch on BEPS Convention

The author is Alex Hunter, Editor, TP News. He oversees and updates the publication and also  regularly writes news stories about transfer pricing and international tax law. Alex is reachable on email (editor@transferpricingnews.com) and by phone (+447808558597). 

The Swiss Federal Council on Wednesday adopted the dispatch on the OECD’s Multilateral Convention to implement tax treaty-related base erosion and profit shifting (BEPS) measures.Continue Reading