The Swiss Federal Council has announced its decision to extend the withholding tax exemption for interest on too-big-to-fail instruments until December 2026.

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Withholding tax exemption on banks' too-big-to-fail instruments to be extended for another five years

Bern, 28.10.2020 - To ensure financial stability, the Federal Council decided at its meeting on 29 October 2020 to exempt the int…