| Dear Madam or Sir,
It is done! ..is it? Swiss Tax Reform - now referred to as Federal Act on Tax Reform and AHV Financing (TRAF) - has been approved by the Federal Parliament and will transform the Swiss corporate tax landscape. The public referendum is expected for 19 May 2019. In addition, we discuss the end of IBOR and assess whether Switzerland is getting tax-ready. In relation to indirect taxes we have good news to report: SFTA clarified that foreign businesses without registered office, domicile or permanent establishment on Swiss territory should not become liable to the radio and television fee. Furthermore, the Swiss tax authorities are taking the first steps towards digitalization: In the future, VAT returns are to be submitted electronically. We raise the most important aspects of e-filing. Finally, we compare the new mail-order regulations with the subordination license set-ups (in German) and would like to draw attention to the fact that the EU introduces increased import duties on selected US products. The Swiss Federal Tax Administration published a new circular letter on lump sum taxation. It confirms Switzerland as an attractive jurisdiction for foreign wealthy families willing to relocate. Once again, we would like to use this opportunity to draw your attention to the EY Switzerland Blog. The blog offers facts, stories, insights and personal opinions on tax and a broad range of other topics – written by our experts and handpicked for you. For your convenience, we will still regularly consolidate the tax blog entries and send them to you in newsletter form. You may, however, visit the new blog entries directly. We trust this move to a faster and more digital medium will meet your preferences and look forward to enter into conversation with you via the contact us or leave a reply button. Sincerely,
Ernst & Young Ltd | 