Switzerland - Federal Government Proposes Fundamental Changes to Swiss Withholding Tax System
- P. Reinarz
- Derivatives & Financial Instruments, 2015 (Volume 17), No 3
- 27 March 2015
The federal Finance Department has issued a proposed legislative bill that would change the tax system applicable to bond interest, from the present debtor system to a paying agent system. The author discusses this proposed change and its potential impact on both resident and non-resident recipients of bond interest.