Newsletters
December 2021
The Swiss parliament abolishes Swiss withholding tax on bond interest payments and includes certain other changes to the Swiss withholding tax act and the Swiss stamp tax act.
The reform significantly improves the attractiveness of the Swiss debt markets, both the debt capital markets and the bank debt markets. The abolishment of Swiss withholding tax on bond interest payments is expected to enter into force on January 1, 2023 but may be subject to a popular vote.