TAX EXPERT International AG:      Reclaiming Switzerland’s                                 Attractive Tax Environment     ...
About the European Tax Summit 2012  The      Finance       Network         –  marcus evans Summits group                  ...
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TAX EXPERT International AG: Reclaiming Switzerland’s Attractive Tax Environment


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TAX EXPERT International AG: Reclaiming Switzerland’s Attractive Tax Environment - Interview with: Richard Wuermli, Managing Partner, TAX EXPERT International AG, a sponsor company at the marcus evans European Tax Summit 2012, on benefiting from the attractive tax environment that Switzerland has to offer.

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TAX EXPERT International AG: Reclaiming Switzerland’s Attractive Tax Environment

  1. 1. TAX EXPERT International AG: Reclaiming Switzerland’s Attractive Tax Environment Switzerland found itself under heavy relocated and moveable/immovable attack when it was placed on the tax intellectual property rights when haven grey list in 2009. The Swiss moving to the nation. principle of bank secrecy strictly limited any information from being shared with third parties, making it difficult to come off that list due to There is a the information exchange clause in the double tax treaty. move to make Nevertheless, Switzerland signed new double tax treaties in agreement with Switzerland even moreInterview with: Richard Wuermli, international standards set by theManaging Partner, TAX EXPERT OECD, and was thus removed fromInternational AG the list. Through this course of action, numerous benefits for businesses, including lower tax rates, the capital attractiveAfter Switzerland was placed on theOrganisation for Economic Co- contribution principle and arbitration board clauses in the double tax than beforeoperation and Development’s (OECD) treaties were introduced.grey list in 2009, there has been amove to make the tax environment Although we are no longer seen as a How should organisationseven more attractive than before, tax haven, there are now movements develop their transfer pricingsays Richard Wuermli, Managing to lower the tax rates even further strategies?Partner, TAX EXPERT International and a new Licence Box Rule has beenAG. Businesses are now benefiting introduced which is very favourable to Respective authorities are becomingfrom zero rates, arbitration board companies. There is a move to make more aggressive and attackingclauses and a new Licence Box Rule, Switzerland even more attractive than companies on transfer pricinghe adds. before. aspects.From a sponsor company at the What guidance would you give Having a centralised filing system, aupcoming marcus evans European regarding international mergers master file, is crucial. If anTax Summit 2012, taking place and acquisitions? organisation were to be attacked in ain Dublin, Ireland, 26 - 27 March, certain jurisdiction, it would haveWuermli shares his views on why Many European headquarters are easy access to all documents neededmore European company moving to Switzerland in order to to defend its transfer policy. In manyheadquarters are moving to benefit from the low tax rates for countries, an Advanced PricingSwitzerland to take advantage of its companies as well as for employees. Agreement (APA) would resolvefavourable tax environment. Organisations value political stability, transfer pricing disputes in a strong currencies and security, and cooperative manner. A best practiceHow has Switzerland bounced that is what the country has to offer. is to have a strong centralised filingback from being put on the OECD The question arises whether there is system for all documents andgrey list? heavy exit tax, taxation of assets contracts.
  2. 2. About the European Tax Summit 2012 The Finance Network – marcus evans Summits group This unique forum will take place at The Four Seasons, Dublin, Ireland, 26 - 27 delivers peer-to-peer information 2012. Offering much more than any conference, exhibition or trade show, this on strategic matters, professional exclusive meeting will bring together esteemed industry thought leaders and trends and breakthrough solution providers to a highly focused and interactive networking event. The innovations. Summit includes visionary presentations and interactive forums on substantial fiscal deficits, minimising tax gaps and developing transfer pricing strategies. Contact Please note that the Summit is a Stacey Melvin, Journalist, marcus evans, Summits Division closed business event and the number of participants strictly Tel: + 357 22 849 400 limited. Email: For more information please send an email to All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.comAbout TAX EXPERT International AGWe are a world-wide leading international tax consulting firm. Our tax expert teams reliably assist you when it comes to complexnational and international tax set-ups. We develop tax strategies and concepts that are easy to be translated into practice - tailor-made for your needs. Together, we determine your success, implement solutions orientated towards the future and generatesurplus value for your group of companies.www.taxexpert.chAbout marcus evans Summitsmarcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discussstrategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity toindividually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings.For more information, please visit: www.marcusevans.comUpcoming EventsCFO Summit 2012 (Australia & New Zealand) - www.cfo-anz.comCFO Summit (North America) - www.cfosummits.comTax Officers Summit 2012 - www.taxofficerssummit.comTo view the web version of this interview, please click here: