Global Employer Services in Tax and Legal blog

Social Security Update: Switzerland Remote Work / Cross border commuters COVID-19 “no-impact” position extended until 31 December 2022. Expansion to all European Economic Area countries and Switzerland

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Considering the impact COVID-19 is still having on travel and work arrangements and its consequences in terms of work patterns for cross-border commuters and assignees a-like, the social security authorities of all EEA countries and Switzerland have decided, in the framework of the Administrative Commission’s meeting of this week, to extend the “no-impact” position in view of determining the applicable social security legislation up until 31 December 2022.

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Posted on 16/06/2022 | 0 Comments

Cryptocurrencies and Your Swiss Tax Return: Reporting requirements and tax implications


Cryptocurrencies are a relatively new asset class which has experienced explosive growth in popularity and use over the last few years. With many taxpayers now holding tokens and cryptocurrencies in their personal investment portfolios, we provide an overview of what to consider when filing your personal Swiss tax return.

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Posted on 4/04/2022 | 0 Comments

Swiss Federal Council activates protection status S for refugees from Ukraine


The Federal Council decided on March 11, 2022 that persons who have had to leave Ukraine because of the war will be granted protection status S in Switzerland. This gives refugees a quick and unbureaucratic right of residence in Switzerland without having to go through a regular asylum procedure and is valid initially for 1 year. 

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Posted on 14/03/2022 | 0 Comments

New Cross-Border Double Taxation Agreement between Switzerland and Italy – Updates


On 1st March 2022 the Swiss Parliament granted final approval for the new double taxation agreement for frontier workers (“the Agreement”) between Switzerland and Italy. With their approval Switzerland has completed the formal process to put the Agreement to a final vote. On the Italian side, similar steps are being taken. Provided both countries conclude the ratification process in 2022, the Agreement will be applicable as of 1st January 2023, leading to important changes for both Italian and Swiss cross-border commuters.

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Posted on 10/03/2022 | 0 Comments

Swiss Federal childcare costs deduction has been increased to CHF 25,000 as of January 1st 2023

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Deductible annual childcare costs for children under 14 will more than double from the current amount of CHF 10,100 to CHF 25,000 per child as of 1 January 2023 for Federal Direct Tax purposes. The conditions are that parents must be able to prove the costs and that they are in need of childcare (i.e. because they are working or studying).

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Posted on 1/02/2022 | 0 Comments

Global Workforce webinar on 8 February 2022: The evolution of Global Mobility


Join our Global Workforce webinar on ‘The evolution of Global Mobility’ taking place on Tuesday 8 February 2022 from 08:30 to 10:00 CET. The webinar will provide insight into how Global Mobility programmes are transforming with the help of technology.

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Posted on 18/01/2022 | 0 Comments

Good news! As of 1 January, reporting of deemed income for employees with company cars just became easier.


As of January 1, 2022, deemed income for personal use of a company car will be increased from 0.8% to 0.9% per month of the acquisition price of the car, excluding VAT. Employers will no longer need to declare the percentage of external service in the salary certificate and company car beneficiaries will not have additional taxable income added to their tax assessments over and beyond the 0.9%.

This change is basically good news for employers and employees alike since it will simplify payroll reporting and prevent surprises when receiving final tax assessments.

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Posted on 6/01/2022 | 0 Comments

New webinar date - Practical implications on the Pillar 1 & 2 policy solutions developed by the OECD


The much anticipated, updated model rules relating to Pillar 2 have now been published by the OECD on Monday, 20 December. With this in mind, we are excited to announce that our Pillar 1 and Pillar 2 webinar will take place on Wednesday, 12 January from 16:00-17:30. 

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Posted on 4/01/2022 | 0 Comments

OECD GloBE update - Overview of the key parameters of the model rules


On 20 December 2021, the G20/OECD Inclusive Framework on BEPS ("inclusive framework") published Tax Challenges Arising from the Digitalisation of the Economy Global Anti-Base Erosion Model Rules (Pillar Two) ("model rules"). This follows on from the Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, agreed by more than 135 of its members on 8 October 2021.

Since 2017, the 141 member countries of the inclusive framework have developed a "two-pillar" approach to address the tax challenges arising from the digitalization of the economy: addressing nexus and profit allocation challenges ("Pillar One") and global minimum tax rules ("Pillar Two").

The long-awaited model rules provide more clarity on the future of a global minimum tax rate. Although the model rules have now been published and confirm the key parameters, further clarification on certain aspects is still required. Additional details shall be provided in a commentary that is expected to be published by the OECD by the end of January 2022.

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Posted on 22/12/2021 | 0 Comments

International social security update - Switzerland

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Considering the ongoing COVID-19 crisis and its consequences in terms of working patterns for cross-border commuters, the Swiss social security administration communicated that the current “flexible approach” for the social security coordination rules for cross-border workers will be extended into 2022. 

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Posted on 21/12/2021 | 0 Comments