This course is aimed at discussing and analyzing the main principles of Swiss domestic tax law, as well as international tax law. Specifically, the course will cover specific taxes imposed in Switzerland at three levels of taxation: federal (income tax, value added tax, withholding tax), cantonal and municipal taxes/direct taxes (personal income tax, withholding tax, wealth tax and tax on equity; inheritance and gift taxes, and immovable property taxes).
Special attention will be given to the principles of the Swiss corporate tax system for individual as well as corporate entities (e.g. holding companies, mixed companies and domiciliary companies), and wealth management structures (e.g. trusts, foundations, collective investment vehicles and financial instruments). Part of this course will focus on changes brought by the coming Swiss corporate tax reform.
This course will also address the principles governing international Double Tax Conventions (DTC) and Tax Information Agreements (TIEA), and the mechanism and conditions that need to be fulfilled to benefit from them, including the most relevant DTCs signed by Switzerland. The course will also deal with basic international tax planning tools and transfer pricing. Finally, the course will deal with the latest developments on the international tax law arena, including the OECD initiatives, the Base Erosion and Profit Shifting (BEPS) project, and Automatic Exchange of Information (AEoI), General Anti-avoidance Rules (GAARs), Special Anti-avoidance Rules (SAARs), CFC Rules, and the applications of these anti-avoidance rules in the case of Switzerland. This course will provide an introduction to European Tax Law: EU / EEA.
Through a combination of theoretical explanations and the use of real life case studies, this course will allow participants to understand how companies, individuals and businesses can fulfill their Swiss and international tax obligations to remain fully compliant under the constantly changing and dynamic domestic and international tax law standards.