In response to the corona crisis, the US passed the Coronavirus Aid; relief and Economic Security Act (CARES ).
The Swiss VAT Authority has amended the VAT brochure number 13 on electronic supplies of service and telecommunications.
Bristol-Myers Squibb is a global Biopharma company committed to a single mission: to discover, develop, and deliver innovative medicines focused on helping millions of patients around the world in disease areas such as oncology, cardiovascular, immunoscience and fibrosis.Read More »
Article written by Olivier Comment
The COVID-19 situation drastically changes the business especially within the frame of events. Since physical events are now forbidden, some organisations consider to adapt the set-up of the event to comply with the current measures by implementing a virtual event instead.
On 23 March 2020, the Federal Customs Administration officially published a set of measures to support companies affected by the coronavirus during this challenging time. The package is especially focused on simplifications regarding payment settlement and operational customs clearing handling for specific types of goods and professional groups.
Many of our clients have been asking for, or are concerned about, the impact of COVID-19 on their Swiss pension funds. In our view, other than some tactical asset allocation decisions, there’s no need for panic.
The short-term will bring some pain through investment returns and lower interest rates, but the challenge for Swiss pension funds remains one for the long-term.Read More »
Corona virus: Canton of Zug extends a safety net for Zug businesses.
Switzerland, and thus also Canton Zug finds itself in an extraordinary situation. With the various restrictive measures taken by the Confederation to combat the coronavirus, the population and businesses of Zug are confronting a major endurance test.
As a company operating or a group headquartered in Switzerland, you should consider the following short-term measures (in Switzerland and abroad) to protect your global cash tax position in these unprecedented times.
Businesses should have the possibility to extend payment periods without having to pay interest on overdue payments.
Unternehmen sollen die Möglichkeit haben, die Zahlungsfristen zu erstrecken, ohne Verzugszins zahlen zu müssen.