Abstract
A bond issued by a foreign resident issuer but guaranteed by its Swiss resident parent company is reclassified as a domestic issuance and subject to 35 percent withholding tax if the proceeds raised under such bond are used in Switzerland. According to new rules which entered into force on 1 April 2017, it is possible to use the proceeds in Switzerland up to an amount equal to the equity of the foreign issuer and to still avoid a reclassification.
Originalsprache | Englisch |
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Seiten | 2-6 |
Fachbuch | CapLaw |
Publikationsstatus | Veröffentlicht - 2018 |