Switzerland Sets Effective Date for Revised Withholding Tax Ordinance for Employment Income
The Swiss Federal Council has set 1 January 2021 as the effective date for the revised withholding tax ordinance for individual employment income. The main revisions to the ordinance are a result of 2010 Federal Supreme Court ruling that quasi-residents must be granted the same deduction options as permanent residents under ordinary assessment. Quasi-residents are employees who are not domicile…
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