It was reported that the Swiss Federal Council has introduce a consultation plans to review the imposing of withholding tax at source on income acquire from “lucrative” activity on 18 December 2013. Plans to modify the federal laws governing the withhold tax are intended to remove existing inequalities vis-à-vis the tax treatment of individuals taxed as well as to ensure compliance with international treaties. The consultation is postponing end on March 27, 2014.
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