SWITZERLAND (Schweiz/Suisse)
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Clarity on Swiss Taxes 2019
Clarity on Swiss Taxes Playing to natural strengths 4 16 Corporate taxation Individual taxation Clarity on Swiss Taxes EDITORIAL Welcome Switzerland remains competitive on the global tax stage according to KPMG’s “Swiss Tax Report 2019”. This annual study analyzes corporate and individual tax rates in Switzerland and internationally, analyzing data to draw comparisons between locations. After a long and drawn-out reform process, the Swiss Federal Act on Tax Reform and AHV Financing (TRAF) is reaching the final stages of maturity. Some cantons have already responded by adjusting their corporate tax rates, and others are sure to follow in 2019 and 2020. These steps towards lower tax rates confirm that the Swiss cantons are committed to competitive taxation. This will be welcomed by companies as they seek stability amid the turbulence of global protectionist trends, like tariffs, Brexit and digital service tax. It’s not just in Switzerland that tax laws are being revised. The national reforms of recent years are part of a global shift towards international harmonization but also increased legislation. For tax departments, these regulatory developments mean increased pressure. Their challenge is to safeguard compliance, while also managing the risk of double or over-taxation. In our fast-paced world, data-driven technology and digital enablers will play an increasingly important role in achieving these aims. Peter Uebelhart Head of Tax & Legal, KPMG Switzerland Going forward, it’s important that Switzerland continues to play to its natural strengths to remain an attractive business location and global trading partner. That means creating certainty by finalizing the corporate tax reform, building further on its network of FTAs, delivering its “open for business” message and pressing ahead with the Digital Switzerland strategy. -
Taxing Wealth: Evidence from Switzerland
NBER WORKING PAPER SERIES TAXING WEALTH: EVIDENCE FROM SWITZERLAND Marius Brülhart Jonathan Gruber Matthias Krapf Kurt Schmidheiny Working Paper 22376 http://www.nber.org/papers/w22376 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 June 2016 We are grateful to Jonathan Petkun for excellent research assistance, to Etienne Lehmann, Jim Poterba and seminar participants at Bristol, Geneva, Kentucky, MIT and Yale for helpful comments, to the tax administration of the canton of Bern for allowing us to use their micro data for the purpose of this research, to Raphaël Parchet and Stephan Fahrländer for sharing valuable complementary data and to Nina Munoz-Schmid and Roger Amman of the Swiss Federal Tax Administration for useful information. Financial support from the Swiss National Science Foundation (Sinergia grant 147668) is gratefully acknowledged. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. At least one co-author has disclosed a financial relationship of potential relevance for this research. Further information is available online at http://www.nber.org/papers/w22376.ack NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2016 by Marius Brülhart, Jonathan Gruber, Matthias Krapf, and Kurt Schmidheiny. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Taxing Wealth: Evidence from Switzerland Marius Brülhart, Jonathan Gruber, Matthias Krapf, and Kurt Schmidheiny NBER Working Paper No. -
RURBANCE Project Territorial System Factsheet
RURBANCE Project Territorial System Factsheet Territorial System Identification data Name: Zurich Main urban center: Zurich Country: Switzerland State / Region: Canton of Zurich Map 1: A Zurich – Metropolitan Area Zurich (Zurich and greater surroundings) RURBANCE Project Territorial System Factsheet Pilot Area for Rurbance-Project Line Zurich (A) - Gottardo – Milano (B) (planned «Gottardo»-study) Rural and urban regions on the «Gottardo»-route: City of Zurich, Cantons of Zurich, Zug (City of Zug), Schwyz (only inner part of the Canton, City of Schwyz), Uri (capital Altdorf), Ticino (Cities of Bellinzona, Lugano, Mendrisio/Chiasso) and City of Milano RURBANCE Project Territorial System Factsheet Territorial System Reference data City of Zurich (end 2011) Population City of Zurich 390’000 Area (km2): 92 Density: 4’240 p / km2 Cantons of Zurich, Uri, Schwyz, Zug and Ticino (pilot study-area «Gottardo»; end 2011) Population Area Density Number of km2 p / km2 Municipalities Canton Schwyz SZ 148’000 908 151 30 Canton Ticino TI 337’000 2’812 119 147 Canton Uri UR 35’000 1’077 32 20 Canton Zug ZG 115’000 239 481 11 Canton Zurich ZH 1’392’000 1’729 805 171 Pilot study-area «Gottardo» Population pilot area 2’027’000 6’764 296 379 % of Switzerland 25.5% 16.38 % Switzerland 7’953’000 41’285 193 *2‘408 * 1.1.2013 Spoken languages ZH, UR, SZ, ZG German TI Italian RURBANCE Project Territorial System Factsheet Land use (% in the TS, as for the CORINE Land Cover level 2 data 2006, in km2) SZ TI UR ZG ZH pilot area CH Urban fabric (1.1) 41.55 137.70 11.89 -
Reimbursement of Excessive Premiums
Federal Department of Home Affairs FDHA Federal Office of Public Health FOPH Health and Accident Insurance Division Federal Office of Public Health, Insurance Supervision Division, August 2018 Reimbursement of excessive premiums Article 17 of the Federal Act on the Oversight of Social Health Insurance (Health Insurance Oversight Act HIOA; SR 832.12) governs the reimbursement of excessive income from insurance premiums. In- surers can apply to the FOPH for permission to reimburse income from a particular canton if this signif- icantly exceeds the accumulated annual costs in that canton. During the 2017 financial year, three insurers applied to the FOPH for permission to reimburse excessive income from premiums in the cantons listed below: Genossenschaft Glarner Krankenversicherung in the canton of Glarus (GL) Kranken- und Unfallkasse Einsiedeln in the canton of Schwyz (SZ) Vivao Sympany AG in the cantons of Aargau (AG), Bern (BE), Basel-Landschaft (BL), Basel- Stadt (BS), Fribourg (FR), Lucerne (LU) and Solothurn (SO) In its ruling of 8 August 2018, the FOPH approved Genossenschaft Glarner Krankenversicherung’s ap- plication as follows: Canton of Glarus: Reimbursement of CHF 80.03 per insured person Everyone insured by Genossenschaft Glarner Krankenversicherung in the above-mentioned canton on 31 December 2017 will be reimbursed the relevant amount before the end of 2018. In its ruling of 8 August 2018, the FOPH approved Kranken- und Unfallkasse Einsiedeln’s application as follows: Canton of Schwyz: Reimbursement of CHF 130 per insured person Everyone insured by Kranken- und Unfallkasse Einsiedeln in the above-mentioned canton on 31 De- cember 2017 will be reimbursed the relevant amount before the end of 2018. -
How to Build and Integrate a District Heating Network - Success Story with Hurdles IEA Bioenergy - Baden, 20Th October 2017 Dr
How to build and integrate a district heating network - success story with hurdles IEA Bioenergy - Baden, 20th October 2017 Dr. Urs Rhyner 2 Programm 1. Motivation 2. AGRO Energie Schwyz AG 3. Biomass power plant 4. District heating 5. Economics 6. Heat accumulator 7. Agro Energie Rigi 8. Agro Energie Ausserschwyz 9. Non-technical barriers 3 Swiss Farm – Manure Production 4 Sustainability – think gobal, act local 5 Swiss heat production Wood – new record! District heating w/o wood Gas Oil Quelle: Prognos 2016 6 Agro Energie DH in the canton of Schwyz 7 Programm 1. Motivation 2. AGRO Energie Schwyz AG 3. Biomass power plant 4. District heating 5. Economics 6. Heat accumulator 7. Agro Energie Rigi 8. Agro Energie Ausserschwyz 9. Non-technical barriers 8 Who is Agro Energie Schwyz AG? AGRO Energie Schwyz AG provides heat and power to the region of Schwyz by using renewable and local resources in doing so fostering the region by increasing its independece, adding value, facilitating jobs and promoting sustainability. 9 Company ▪ 2006 founding of AGRO Energie Schwyz AG ▪ 2009 commissioning of the plant ▪ Founding shareholders semi-public: OAK, EBS, Genossame Schwyz private: Baptist Reichmuth, Georges Schelbert ▪ Shareholders since 2016: pension fund (Profond Vorsorgeeinrichtung), Genossame Schwyz, Baptist Reichmuth, Georges Schelbert 10 Programm 1. Motivation 2. AGRO Energie Schwyz AG 3. Biomass power plant 4. District heating 5. Economics 6. Heat accumulator 7. Agro Energie Rigi 8. Agro Energie Ausserschwyz 9. Non-technical barriers 11 Biomass -
Private Client 2018 7Th Edition
TheICLG International Comparative Legal Guide to: Private Client 2018 7th Edition A practical cross-border insight into private client work Published by Global Legal Group, in association with CDR, with contributions from: Aird & Berlis LLP Maples and Calder Alon Kaplan, Advocate and Notary Law Office Matheson Aronson, Ronkin-Noor, Eyal Law Firm Miller Thomson LLP Arqués Ribert Junyer – Advocats MJM Limited Berwin Leighton Paisner LLP Mori Hamada & Matsumoto Bircham Dyson Bell LLP Mourant Ozannes Cadwalader, Wickersham & Taft LLP New Quadrant Partners Limited DORDA Rechtsanwälte GmbH O’Sullivan Estate Lawyers LLP Griffiths & Partners and Coriats Trust Company Limited Ospelt & Partner Attorneys at Law Ltd. Hassans International Law Firm P+P Pöllath + Partners Higgs & Johnson Rovsing & Gammeljord Holland & Knight LLP Society of Trust and Estate Practitioners (STEP) Katten Muchin Rosenman LLP Spenser & Kauffmann Attorneys at Law Khaitan & Co Studio Tributario Associato Facchini Rossi & Soci (FRS) Lebenberg Advokatbyrå AB Tirard, Naudin, Société d’avocats Lenz & Staehelin Vieira de Almeida Loyens & Loeff Withers Bergman LLP Macfarlanes LLP Zepos & Yannopoulos The International Comparative Legal Guide to: Private Client 2018 General Chapters: 1 BREXIT: The Immigration Implications – James Perrott, Macfarlanes LLP 1 2 Keep Calm and Carry On: The Increasing UK Regulatory and Tax Issues Facing Offshore Trustees – Matthew Braithwaite & Helen Ratcliffe, Bircham Dyson Bell LLP 11 3 Pre-Immigration Planning Considerations for the HNW Client – Think -
Switzerland's Innovation Hub INNOVATION HUB
Greater Zurich Area: Switzerland's Innovation Hub www.greaterzuricharea.com INNOVATION HUB Innovation & Technology: Since 2011 Switzerland has ranked Made in Switzerland 1st in the Global Innovation Index Switzerland, and especially the Greater Zurich Area are rec- 1 2 3 4 5 6 7 8 9 10 ognized worldwide as leaders in the areas of research and knowledge. The long-established exchange between aca- demic institutions and industry make this location very attractive for research-intensive companies. CH GB SE FI NL US SG DK LU HK 2014 Greater Zurich Area’s capacity for innovation is secured in the long term by the presence of renowned globally- connected universities such as the Swiss Federal Institute of Technology ETH Zurich, the Swiss Federal Institute of Aquatic Science Eawag, the Swiss Federal Laboratories for Materials Science and Technology Empa, and the CH GB SE NL US FI SG IE LU DK University of Zurich, as well as internationally leading R&D 2015 labs in the private sector, e.g. Disney Research, Google, and IBM. Switzerland is Global 1 CH SE GB US FI SG IE DK NL DE Innovation Leader 2016 #1 Global Innovation Index 2018 (Cornell, INSEAD, WIPO) #1 European Innovation Scoreboard 2018 (EU-Kommission) CH SE NL US GB DK SG FI DE IE #1 Global Talent Competitiveness Index 2018 2017 (INSEAD, Adecco Group, Tata Communications) #1 IMD World Talent Ranking 2017 #1 ETH Zurich named Best University in Continental Europe (The World University Ranking) CH NL SE GB SG US FI DK DE IE 2018 DK Denmark HK Hong Kong (China) NL Netherlands CH Switzerland -
Behavioral Responses to Wealth Taxes: Evidence from Switzerland*
Behavioral Responses to Wealth Taxes: Evidence from Switzerland* Marius Brülhart† Jonathan Gruber‡ Matthias Krapf§ University of Lausanne MIT University of Lausanne Kurt Schmidheiny¶ University of Basel October 10, 2019 Abstract We study how reported wealth responds to changes in wealth tax rates. Exploiting rich intra-national variation in Switzerland, the country with the highest revenue share of an- nual wealth taxation in the OECD, we find that a 1 percentage point drop in the wealth tax rate raises reported wealth by at least 43% after 6 years. Administrative tax records of two cantons with quasi-randomly assigned differential tax reforms suggest that 24% of the effect arise from taxpayer mobility and 20% from house price capitalization. Savings re- sponses appear unable to explain more than a small fraction of the remainder, suggesting sizable evasion responses in this setting with no third-party reporting of financial wealth. * Previous versions of this paper circulated under the titles ‘The Elasticity of Taxable Wealth: Evidence from Switzerland’ and ‘Taxing Wealth: Evidence from Switzerland’. This version is significantly extended in terms of both data and estimation methods. We are grateful to Jonathan Petkun for excellent research assistance, to Etienne Lehmann, Jim Poterba, Emmanuel Saez, and seminar participants at the Universities of Barcelona, Bristol, ETH Zurich, GATE Lyon, Geneva, Kentucky, Konstanz, Mannheim, MIT, Yale and numerous conferences for helpful comments, to the tax administrations of the cantons of Bern and Lucerne for allowing us to use anonymized micro data for the purpose of this research, to Raphaël Parchet, Stephan Fahrländer and the Lucerne statistical office (LUSTAT) for sharing valuable complementary data, and to Nina Munoz-Schmid and Roger Amman of the Swiss Federal Tax Administration for useful information. -
Switzerland in the 19Th Century
Switzerland in the 19th century The founding of the Swiss federal state ushered in a period of greater stability as regards both domestic and foreign affairs. The revised Constitution of 1874 extended the powers of the federal government and introduced the optional legislative referendum. Switzerland developed its system of direct democracy further and in 1891 granted the people the right of initiative on the partial revision of the Federal Constitution. That same year the Catholic conservatives – the losers of the Sonderbund war – celebrated, for the first time, the election of one of its representatives to the federal government. The federal state used its new powers to create favourable conditions for the development of a number of industries and service sectors (railways, machine construction and metalworking, chemicals, food industry and banking). These would become the mainstays of the Swiss economy. Not everyone in Switzerland reaped the benefits of the economic upturn. In the 19th century poverty, hunger and a lack of job prospects drove many Swiss people to seek their fortunes elsewhere, particularly in North and South America. At home, industrial towns and cities saw an influx of rural and, increasingly, foreign migrants. Living conditions for many members of this new urban working class were often precarious. Foreign policy During the wave of revolution that engulfed Europe in the early 1850s, relations between Switzerland and Austria, which also ruled northern Italy, were extremely tense. Many Italians, who wanted to see a united and independent Italy (Risorgimento), sought refuge in liberal- run Ticino. The local community sympathised with their cause, some even fighting alongside their Italian comrades or smuggling weapons for them. -
Swiss Money Secrets
Swiss Money Secrets Robert E. Bauman JD Jamie Vrijhof-Droese Banyan Hill Publishing P.O. Box 8378 Delray Beach, FL 33482 Tel.: 866-584-4096 Email: http://banyanhill.com/contact-us Website: http://banyanhill.com ISBN: 978-0-578-40809-5 Copyright (c) 2018 Sovereign Offshore Services LLC. All international and domestic rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying and recording or by any information storage or retrieval system without the written permission of the publisher, Banyan Hill Publishing. Protected by U.S. copyright laws, 17 U.S.C. 101 et seq., 18 U.S.C. 2319; Violations punishable by up to five year’s imprisonment and/ or $250,000 in fines. Notice: this publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold and distributed with the understanding that the authors, publisher and seller are not engaged in rendering legal, accounting or other professional advice or services. If legal or other expert assistance is required, the services of a competent professional adviser should be sought. The information and recommendations contained in this brochure have been compiled from sources considered reliable. Employees, officers and directors of Banyan Hill do not receive fees or commissions for any recommendations of services or products in this publication. Investment and other recommendations carry inherent risks. As no investment recommendation can be guaranteed, Banyan Hill takes no responsibility for any loss or inconvenience if one chooses to accept them. -
Holinger Wastewater
INDUSTRIAL CLEANTECH ENVIRONMENT CONSTRUCTIONGEOLOGY WASTEWATER WATER SUPPLYENERGY URBAN DRAINAGE HYDRAULIC ENGINEERING .com holinger OUR STRENGTHS Every project is unique and requires a customised solution. We develop and build plants that are perfectly tailored to your requirements and demonstrate our leadership by combining proven processes with innovative technolo- gies. We operate and maintain We offer optimisation municipal wastewater treat- services with our team of ment plants on behalf of lo- interdisciplinary plant special- cal governments and support ists: we identify the points their staff with our expertise. of vulnerability and propose These partnerships allow us improvements – to make to shoulder all the techni- the plant easier to oper- cal and managerial burdens ate and more profitable, to and free our customers to improve personnel, plant and concentrate on their core operational safety and to responsibilities. optimise redundancies. Our Our well-trained, special- comprehensive services cover ist staff operate the plants everything from mass balanc- and guarantee compliance ing, process simulations and with the required treatment energy efficiency optimisa- performance and effluent tions to implementation and standards. monitoring the success of the OPERATIONAL OPTIMISATION OPERATIONAL proposed measures. OPERATION AND MAINTENANCE OPERATION Demanding processes and We identify environmentally We offer ideal solutions for the technologies are being ap- sound and cost-efficient ap- modification, extension, reno- plied in the treatment of proaches to sludge treatment vation or new construction of municipal wastewater. Our and disposal. We plan all wastewater treatment plants. in-depth expertise in both necessary steps – from extrac- Using our engineering and traditional and innovative tion, digestion, dewatering technological expertise and processes puts us in a strong and drying to combustion. -
Jahresbericht 2019 3
Jahresbericht 2019 3 Inhalt Jahresbericht 2019 Wort des Hochschulratspräsidenten 5 Wort des Rektors 7 PHSZ in Kürze 8 Ausbildung: Fit für das Lernen in einer digitalen Welt 12 Forschung und Entwicklung: Wissenschaft und Praxis gemeinsam denken 14 Cover Weiterbildung und Dienstleistungen: Stärkung von Person und Schule in einem dynamischen Berufsfeld 16 Bild Theater «Arche»: Zentrale Dienste: Neuerungen in IT und Infrastruktur 18 Angel Sanchez, Altdorf Rektoratsstab: Weiterentwicklung relevanter, langfristiger Projekte 20 Herausgeberin Pädagogische Hochschule Schwyz Mitarbeitendenorganisation: Die Mitarbeitenden im Mittelpunkt 22 Konzept und Gestaltung Studierendenorganisation: Gelebte Partizipation und vielfältige Kultur 24 Pädagogische Hochschule Schwyz Alumni PHSZ: Viel Platz für Austausch 26 Bilder 2019: Streifzug durch das Jahr 28 scharfsinn, Micha Eicher, Luzern Helen Ree, Zürich Ausgewählte Referate nach Adressaten 32 Angel Sanchez, Altdorf Ausgewählte Publikationen nach Adressaten 39 Redaktion Pädagogische Hochschule Schwyz Zahlen und Fakten 44 Korrektorat Die Leserei, Anna Dätwyler, Bern Referate und Publikationen: textuell, Jonna Truniger, Zürich Druck Triner Media + Print, Schwyz Bezugsquelle und Kontakt Pädagogische Hochschule Schwyz Zaystrasse 42 CH-6410 Goldau T +41 41 859 05 90 [email protected] www.phsz.ch © Pädagogische Hochschule Schwyz, Juni 2020 4 Pädagogische Hochschule Schwyz – Jahresbericht 2019 5 Wort des Hochschulratspräsidenten Für den Hochschulrat stand im Jahr 2019 die überge- ordnete, strategische Ebene im Zentrum.