Adaptation of the leaflet of the cantonal tax office on the taxation of banks and securities houses

The Zurich Cantonal Tax Office has published an updated leaflet on the taxation of banks and securities houses(ZStB No. 64.2).

The updated information sheet takes into account, on the one hand, the principles of the new KS SSK No. 5 on tax segregation of banks of 14 November 2018 and, on the other hand, also the recommendations of the SSK on allowances for default risks at banks of 6 July 2020, which are based on the new FINMA guidelines on bank accounting that came into force on 1 January 2020.

Further information is available here.