On our microsite you will find the most important information regarding market developments, services, and our business performance.
KPMG's Swiss Code of Conduct outlines the ethical principles that define our business activities.
Clarity on Life Insurance addresses some of the hottest topics that insurers currently face in this challenging environment.
KPMG and the University of St. Gallen jointly analyzed the annual reports of 94 Swiss private banks and assessed their financial performance from 2006 to 2013.
Providing a thorough overview of Swiss M&A activity in 2014, Clarity on Mergers & Acquisitions addresses all major industry sectors.
This publication gives you an overview about the coming changes regarding the new financial reporting act.
Do you already know everything about us and want to waste no more time? We look forward to receiving your online application.
Audit, Tax, Advisory, Corporate Services – how do you plan to begin? Choose your career at KPMG.
Want to meet the people behind KPMG? We will be pleased to share our professional experiences with you.
What is it all about?
Switzerland has completed groundbreaking agreements with the United Kingdom and Austria which provide proper taxation of assets held in Switzerland by investors taxable in this countries, without invading their financial privacy.
Liechtenstein has also concluded a tax agreement with Austria. The aim of this agreement includes the taxation of previously untaxed assets and also ensuring the taxation of future investment income and capital gains.
(Please click to open the table as PDF)
Furthermore, Austrian clients may possibly still file a voluntary disclosure and for UK clients, a regularisation under the “Liechtenstein Disclosure Facility” (“LDF“) remains possible.
On the right you find a tool to calculate the one-off payment for the regularisation of the past.
With respect to the mentioned basic elements all the agreements contain similar rules. In respect to important details the agreements differ due to the different tax systems. Further information to specific aspects of the UK Agreement you find on the site “Tax agreement with the United Kingdom”.
The tax agreements with Austria and the United Kingdom entered into force on 1 January 2013. As from this date, the investment income and capital gains of Austrian and UK clients of Swiss banks are either subject to the final withholding tax or voluntary disclosure. The banks must ensure that the tax agreements are correctly implemented.
In particular, it has to be verified that the final withholding tax is correctly calculated.
KPMG can support both, banks as well as bank clients, with the various issues; in particular with the implementation of the agreements. Selected experts from our experienced banking team are available to support you particularly through the following services:
Partner, Head of German Tax & Legal Center, Tax advisor
+41 58 249 35 10
Partner, Attorney-at-Law, Head of Legal, Head of Regulatory Competence Center
+41 58 249 35 48
Calculate the one-off payment for the regularization of the past with our Online Tools:
KPMG Holding AG/SA, a Swiss corporation, is a member of the KPMG network of independent firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss legal entity. All rights reserved. The KPMG name and logo are registered trademarks.
KPMG International Cooperative (“KPMG International”) is a Swiss legal entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.