31 July 2018

Swiss Tax Authority publishes guidance on lump sum taxation

The Swiss Federal Tax Administration (SFTA) published a new circular letter 44 (CL 44) on July 24, regarding lump sum taxation in Switzerland regarding federal direct tax. It contains a summary of the existing legislation and practice, and provides further guidance regarding various aspects which were not necessarily handled in a uniform manner up to this date.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Document ID: 2018-1533