Owners of cryptocurrencies have to declare the number and tax value per December 31, 2022, in their private tax declaration 2022. The value published by the Swiss Federal Tax Administration SFTA in the list of exchange rates is decisive.
Corporate tax rates and tax rates for individuals for 2023 in the Cantons Zug, Lucerne, Zurich and Schwyz
In Switzerland, taxes are levied at federal, cantonal and municipal level. This is, in particular, the case with income and capital taxes for legal entities and income and wealth taxes for individuals. The tax burden between the cantons and also between municipalities within the same canton may vary considerably.
Since 1 January 2023, employees who adopt a child are entitled to a two-week adoption leave.
Adjustment in contributions to the unemployment insurance fund
Solidarity Percentage for Unemployment Insurance Debt Relief to be Dropped as of 1 January 2023.
The Capital Band in Practice
The revision of stock corporation law as of January 1, 2023 is just around the corner. In particular with regard to the capital band, a number of questions arise concerning its application in practice.
Prohibition of Gifts as of 1.1.2023 – A Testator Who Disposes of His/Her Estate by Inheritance Contract May No Longer (Unilaterally) Make Any Gifts.
If spouses conclude an inheritance contract but would still like to be able to make gifts (after the death of the first spouse), this must now be explicitly mentioned in the inheritance contract. Why a inheritance contract? In practice, an inheritance contract is usually created when a testator wishes to benefit his/her husband or wife (“spouse”) as comprehensively as possible....
Tax exemption of charitable institutions
According to federal and cantonal tax laws, charitable institutions can apply for an exemption from profit and capital taxes. For such tax exemption certain conditions must be met.
Cryptocurrencies: Swiss Federal Tax Administration publishes tax values for 2021
The Swiss Federal Tax Administration (SFTA) has published the list of exchange rates of foreign currencies and cryptocurrencies as per December 31, 2021.
Non-fungible token (NFT) – Swiss legal and regulatory considerations
Non-fungible tokens (NFTs) are becoming increasingly popular and widespread. More and more startups are emerging in Switzerland's Crypto Valley to develop and trade NFTs or provide advice around NFTs.
Paternity leave: what has changed!
Since 1 January 2021, fathers in Switzerland have the right to two weeks of paternity leave. This change gives new fathers a chance to take some valuable time off to settle into their new role and support their families. Paternity leave raises various considerations for employers and employees, the most important of which are discussed below.
Inheritance law: The digital estate
Digital technology has long been a topic of discussion for most people. Accordingly, deceased persons are increasingly leaving an estate in digital form. For surviving relatives, it is almost impossible to track down the data of a deceased person on the internet and gain access to his or her digital estate. For this reason, everyone should take precautions regarding their digital estate during their lifetime. This article provides an overview of the necessary and sensible measures.
Cantonal Court of Lucerne finds error in calculation of short-time work benefits
In its landmark decision 5V 20 396 (LGVE 2021 III No. 2), the Cantonal Court of Lucerne ruled on the non-inclusion of holiday and public holiday entitlements in the assessment of short-time work (STW) benefits in the summary procedure introduced due to the Covid 19 pandemic for employees on monthly wages.