The Federal Tax Administration (FTA) has updated the tax policy proposals and initiatives.

On January 8, the SIF published the Memorandum of Understanding dated December 5, 2024 regarding the eligibility of certain US and Swiss pension funds to claim treaty benefits pursuant to Art. 10 para. 3 DTA CH-USA.

On January 7, 2025, the FTA published the annual average exchange rates for the conversion of income earned in foreign currency in accordance with Article 20 EPIO for the assessment of the substitute levy for the substitute year 2024.

On January 7, 2025, the FTA published exchange rates for the calendar year 2024 and as at December 31, 2024 for companies with capital denominated in functional foreign currency.

The imputed interest rate on the security equity corresponds to the yield on ten-year federal bonds on the last trading day of the calendar year preceding the beginning of the tax period in accordance with Article 25abis paragraph 4 first sentence StHG.

The State Secretariat for International Financial Matters (SIF) has updated the overviews of the treaty limits on foreign taxes and the tax relief for Swiss dividends and interest.

Overview of the tax rulings of the Swiss Federal Supreme Court published between December 23 - 31, 2024.

Overview of the tax rulings of the Swiss Federal Administrative Court published between December 23 - 31, 2024.

The partially revised VAT Act and the VAT Ordinance and various other important changes have been in force since 1.1.2025. Further information and clarifications have been published on selected topics.

The Federal Office for Customs and Border Security has amended Directive R-120-3 "Cross-border traffic in tobacco, manufactured tobacco products and substitute products" as of January 1, 2025.

Overview of the tax rulings of the Swiss Federal Supreme Court published between December 16 - 22, 2024.

Overview of the tax rulings of the Swiss Federal Administrative Court published between December 16 - 22, 2024.

On December 18, 2024, the article "Inheritance and gift taxes" from the tax information dossier of the Federal Tax Administration (FTA) was updated.

The Federal Tax Administration (FTA) has updated the "Instructions for completing the salary statement or pension certificate".

In view of the entry into force of the Federal Act of June 17, 2022 on the Taxation of Life Annuities and Similar Forms of Pension Provision on January 1, 2025, the Federal Tax Administration (FTA) published the taxable income shares of life annuity insurance policies in accordance with the ICA (see Art. 22 para. 3 let. a and b DBG) on December 18, 2024.

The tax documentation team has published the "tax folders" for the 2024 tax period.

The Federal Tax Administration (FTA) has published various documents on withholding tax 2025.

The Federal Tax Administration (FTA) has published the 2025 withholding tax rates for all cantons.

On December 19, 2024, the Federal Tax Administration (FTA) published adjustments to VAT practice.

On December 17, 2024, the SIF announced that a new memorandum of understanding had been concluded between Switzerland and France on the taxation of cross-border teleworking.

Overview of the tax rulings of the Swiss Federal Supreme Court published between December 9 - 15, 2024.

Overview of the tax rulings of the Swiss Federal Administrative Court published between December 9 - 15, 2024.

On December 13, 2024, the Federal Council adopted the dispatch on the popular initiative "For a social climate policy - fairly financed through taxation (Initiative for a future)". It rejected the initiative of the Young Socialists (JUSO) without a direct counter-proposal or indirect counter-proposal.

On December 13, 2024, the Federal Council published the report in fulfillment of postulate 22.3396 WAK-N from May 2022 "Avoiding disadvantages for Swiss companies through a uniform taxation practice".

The Federal Supreme Court has dismissed the appeals regarding the federal referendum of September 25, 2022 on the "Additional financing of the AHV through an increase in VAT" and the "Amendment to the Federal Old Age and Survivors' Insurance Act (AHV21)".

The protocol of amendment to the DTA between Switzerland and Kuwait has entered into force. With a few exceptions, most of the amendments are applicable from January 1, 2025.

On December 9, 2024, the FTA published a communication following the recent case law on the profit tax treatment of treasury shares.

Overview of the tax rulings of the Swiss Federal Supreme Court published between December 2 - 8, 2024.

Overview of the tax rulings of the Swiss Federal Administrative Court published between December 2 - 8, 2024.

Overview of the tax rulings of the Swiss Federal Supreme Court published between November 25 - December 1, 2024