Council of States approves amendment of the Federal Law on Stamp Duties concerning "static trust companies
The Council of States, in its session of 12 September 2017, approves an amendment to the Federal Law on Stamp Duties, which provides that Italian fiduciary companies that serve as tax security (Fiduciarie statiche) will be exempt from the turnover tax.
Notification of the FTA - Einanlegerfonds eines Schadensversichers gilt als exempted investor
According to an announcement by the Federal Tax Administration (FTA) dated 21 July 2017, domestic investor funds formed by a non-life insurer supervised by FINMA are now considered exempt investors under the Stamp Duty Act.
Overview of amendments to laws and ordinances in tax law as of 1 January 2017
The Federal Tax Administration (FTA) has published an updated list of amendments to laws and ordinances relating to direct federal tax, value added tax, withholding tax and stamp duties.
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