Tax and Legal blog
Stay up to date with the latest tax and legal issues and developments that may affect you and your business.
Fall breeze & autumn leaves: IRS released new draft Forms W-8
Nature equipped our trees with the astonishing ability to drop their summer leaves when fall approaches to get ready for a new start of our everlasting seasonal cycle. The US Internal Revenue Service (IRS) this year is in sync with nature and is ready to replace various W-Forms for the next season. The IRS published new draft Forms W-8BEN, W-8BEN-E, W-8IMY and W-8ECI between late August and early September 2021, as well as the corresponding draft instructions.
Deloitte is Swiss Tax Firm of the Year and Swiss Transfer Pricing Firm of the Year for the 9th time
The International Tax Review (ITR), is a world recognised authority and publisher for tax professionals in industry, government, private practice and research and have just awarded Deloitte Switzerland with the accolades of being the Swiss Tax Firm of the Year and the Swiss Transfer Pricing Firm of the Year for the 9th time.
Deloitte Global Trade Event - the intersection between sustainability and customs and trade compliance
Have you ever thought about the intersection between customs & trade and sustainability?
We would like to invite you to our upcoming event addressing this very important topic on Wednesday 29 September at 15:30 (CEST) at our Deloitte premises, Pfingstweidstrasse 11, 8005 Zurich.
Deloitte Global Trade Event - the intersection between trade and financial sanctions
We would like to invite you to our upcoming event addressing the intersection between trade and financial sanctions on Tuesday 21 September at 15:30 (CEST) at our Deloitte premises, Rue du Pré-de-la-Bichette 1, 1202 Geneva.
The new Swiss-French convention on precious metal and multi-metal articles: An extended trade facilitation opportunity
As a positive example of enhanced cooperation, Switzerland and France have agreed to broaden the scope of their bilateral agreement on precious metals. The agreement now includes multi-metal goods.
Partnership withholding regulations: IRS defers the applicability date for certain provisions to 1 January 2023
After the publication of the final regulations under section 1446(f) of the US Internal Revenue Code in late 2020 (see prior blog post), the financial industry intensively lobbied for an extension of the applicability date.
On 24 August 2021, the Internal Revenue Service (IRS) announced in Notice 2021-51 that it intends to amend the regulations to defer the applicability date of certain provisions by one year to 1 January 2023.
Frontier workers: Swiss Government adopts new agreement with Italy
On 11th August 2021, the Swiss Federal Council adopted the dispatch on the new frontier workers` agreement between Switzerland and Italy. The agreement significantly improves the current regulation on the taxation of frontier workers. It also contributes to maintaining good bilateral relations between the two countries and resolves a political impasse which lasted more than five years.
Brexit: A new social security agreement between Switzerland and the United Kingdom is approved by the Swiss government
On 11 August 2021 the Swiss Federal Council approved a new social security agreement between Switzerland and the United Kingdom. This new agreement is important for ensuring and simplifying the coordination of social security systems of both states due to the UK's withdrawal from the EU.
The revised Swiss customs tariff: An opportunity to bring your master data management to the next level
The Swiss Federal Customs Administration has adapted to emerging trends and technologies in revising the Swiss customs tariff. This gives you an opportunity to review your existing product classifications and optimise your trade-related master data management.
Global minimum tax: Frequently asked questions
On 10 July the G20 endorsed the key components of the two pillar approach to international tax reform that was recently endorsed by 132 countries and jurisdictions, constituting the vast majority of the OECD/G20 Inclusive Framework (“inclusive framework”) on Base Erosion and Profit Shifting (BEPS). Each of the two pillars addresses a separate concern.
Remote working: The road to the future
Whether your employees have been “working at home”, “remote working” or setting up a “home office”, significant challenges have arisen from the new working norms.