News
Draft law on the transparency of legal entities and the identification of beneficial owners
21/08/2024The Federal Council has proposed a new bill to strengthen anti-money laundering measures and set new transparency requirements for legal entities. The bill will provide new diligence and reporting obligations with respect to beneficial owners.
Amendment of the Federal Act on Data Protection (DPA)
07/06/2023The revised Data Protection Act (nDPA) and its implementing ordinances, the ordinance on data protection (DPO) and the ordinance on data protection certifications (DPCO), will enter into force on September 1, 2023. The revised provisions shall be implemented prior to this date, as there is no transitional period from its entry into force
Interest rates allowed for tax purposes in 2023
27/02/2023Publication by the Federal Tax Administration (FTA) of the annual circular letters on the interest rates allowed for tax purposes in 2023 on advances or loans made between a company and its shareholders or related parties.