Extended application of the automatic exchange of information to crypto assets: what board members and trustees need to know about the OECD’s Crypto Asset Reporting Framework
This article explores the OECD’s Crypto-Asset Reporting Framework (CARF) and its implications for trustees and board members involved in wealth management structures. With implementation expected in participating jurisdictions from the 2026 tax year, the CARF introduces mandatory transaction-level reporting for crypto assets by Crypto-Asset Service Providers (CASPs)—a category that may include fiduciaries and foundations. Unlike the Common Reporting Standard (CRS), which focuses on financial accounts and year-end balances, the CARF requires detailed disclosure of user identities and tax residency. Trustees and governance bodies must now assess their compliance obligations under the CARF and adapt their advisory and operational strategies accordingly to manage regulatory, reputational, and financial risks in this fast-evolving regulatory landscape.
Rethinking the Swiss Withholding Tax on Bonds: A Critical Analysis of Its Swiss Tax Impact
This article analyzes the impact of Switzerland’s 35% withholding tax (WHT) on bond interest payments and its implications for the country’s competitiveness in international capital markets. While Switzerland offers economic and fiscal advantages, the WHT discourages foreign investment and reduces the appeal of Swiss-issued bonds. Through comparisons with Liechtenstein and Luxembourg and the inclusion of practical examples, the article explores administrative practices, recent simplifications, and argues that abolishing the WHT could enhance Switzerland’s position as a global financial hub—especially in light of developments like the OECD’s 15% global minimum tax.
Rethinking the international tax transparency framework
The article critically examines the evolution of the global Tax Transparency framework, questioning whether it has become overly complex and inefficient. While transparency aims to help tax authorities enforce domestic laws and curb tax evasion, the rapid proliferation of overlapping regulations, such as OECD’s BEPS measures, FATCA, and the EU’s DAC directives, has led to high compliance costs and administrative burdens.
Gastartikel IFZ Finanzierungs- und Treasurystudie 2024
In diesem Gastartikel erklärt Dr. Roland A. Pfister die schweizerischen Steuerkonsequenzen von Auslandanleihen im Bezug auf Liechtenstein.
Publikationsliste | Dr. Brigitta Kratz
In dieser umfassenden Liste finden Sie sämtliche Publikationen von Dr. Brigitta Kratz.
Hydrogen: Legal and regulatory challenges for Switzerland in a global context
In this leading article of the Journal of European Law EuZ (edition 08/24), Dr. Brigitta Kratz and Dr. Ilaria Espa highlight the legal and regulatory challenges for Switzerland in a global context in relation to hydrogen as an energy carrier.
(Mehr oder weniger) Intelligente Messsysteme und Anforderungen an die Datenbearbeitung
In ihrem Beitrag vom 18. Juli 2024 analysieren die Autorinnen Dr. Brigitta Kratz und Dr. Michèle Balthasar die oben genannten Entscheide bzw. Rechtsfragen, die sich im Zusammenhang mit dem Einsatz von Smart Metern und ihren Funktionen bzw. der damit verbundenen Erfassung von Daten ergeben, und zwar sowohl aus stromversorgungsrechtlicher als auch aus datenschutzrechtlicher Sicht.
Swiss Federal Supreme Court decision: interpretation of exclusion clause
Professional liability insurance policies usually contain specific clauses that exclude coverage for occurrences or claims that are the
result of the insured having acted with a degree of intent. These clauses typically exclude coverage for acts or omissions of the insured
which are committed
Reference guide Insurance Litigation March 2023
Quick reference guide enabling side-by-side comparison of local insights, including into preliminary and
jurisdictional considerations; interpretation of insurance contracts; providing notice; duty to defend;
standard commercial general liability policies; first-party property insurance; directors’ and officers’
insurance; cyber insurance; terrorism insurance; and recent trends.
NEUES DATENSCHUTZGESETZ IN DER SCHWEIZ
Mit der Revision des Schweizer Datenschutzgesetzes ändern sich ab 1. September 2023 wichtige Bestimmungen über die Bearbeitung von Personendaten. Unternehmen müssen in Zukunft verschärfte Regeln beachten – und sollten daher ihre bestehenden Richtlinien und Datenschutzerklärungen bis zum Inkrafttreten des neuen DSG überprüfen und gegebenenfalls anpassen lassen, da bei Verletzung des DSG den Unternehmen hohe Bussen (bis max. CHF 250’000) drohen.
INJURED PARTY VERSUS INSURER: NEW ARTICLE 60(1 BIS) OF FEDERAL ACT ON INSURANCE POLICIES
Georges Clemmer and Markus Dörig looking at the revision of the Federal Act on Insurance Policies (IPA), which entered into force on 1 January 2022. One of the newly introduced provisions is article 60(1 bis) of the IPA, which allows injured parties – under certain circumstances – to choose between pursuing their claim for compensation either against the liable party or, instead, directly against the latter’s insurer.
VERWALTUNGS- UND ENERGIERECHT Newsletter 10. Januar 2023
ElCom klärt Fragen betreffend Gewinnablieferung, Grundversorgung und ZEV
