Federal Government Proposes Fundamental Changes to Swiss Withholding Tax System
Journal
Switzerland
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2015 (Volume 17), No. 3
The federal Finance Department has issued a proposed legislative bill that would change the tax system applicable to bond interest, from the present debtor system to a paying agent system. The author discusses this proposed change and its potential impact on both resident and non-resident recipients of bond interest.