10 years serving Switzerland in the area of international financial and tax matters

01.03.2020 - 1 March 2020 marked the tenth anniversary of the creation of the State Secretariat for International Finance SIF. Although SIF's mission remains unchanged, the environment in which it operates has undergone profound change.

Update on the Libra project

On 18 June 2019, Facebook announced the creation of a new cryptocurrency, Libra, managed by a Geneva-based association, the Libra Association. Its members include major multinationals and non-governmental organisations.

SIF's updated position on the taxation of the digitalised economy

According to current plans, the OECD is to publish a report in 2020 on long-term solutions that once again adapt international corporate tax rules. In the light of this report, the SIF has prepared Switzerland's position.

Federal Council wants to further improve framework conditions for blockchain/DLT

During its meeting on 7 December 2018, the Federal Council adopted a report on the legal framework for blockchain and distributed ledger technology (DLT) in the financial sector.

Last modification 01.01.2019

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