US Senate approves the protocol amending the DTA

On 17 July 2019, the US Senate approved the 2009 protocol amending the double taxation agreement (DTA) in the area of income tax between Switzerland and the USA. It is a milestone in the tax relations between Switzerland and the USA.

FDF enables recognition of EU trading venues

In its meeting on 30 November 2018, the Federal Council adopted a measure as announced to protect the Swiss stock exchange infrastructure, as the market needs clarity in order to adapt to the various scenarios in good time. The new recognition obligation for foreign trading venues introduced by ordinance will apply from 1 January 2019. In practice, it will have an effect only if necessary.

Switzerland in the G20 Finance Track

At Japan's invitation, which in 2019 will preside over the Group of Twenty major industrialised and emerging countries (G20), Switzerland will participate in the Finance Track again this year. Within this framework, the G20 addresses key issues relating to the global financial and economic system.

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.

State Secretary Jörg Gasser in Singapore

On 12 November 2017, State Secretary Jörg Gasser visited the Fintech Festival in Singapore. The event provided the opportunity for an exchange with representatives of the fintech scene and supervisory authorities.

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.

State Secretary Jörg Gasser on working visit to Spain

On 10 and 11 December 2018, State Secretary Jörg Gasser paid a working visit to Madrid. He met with high-ranking representatives from Spanish business and the Ministry of Finance, among others.

Last modification 12.07.2019

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