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Blockchain and distributed ledger technology: no repercussions for tax law Bern, 19.06.2020 – During its meeting on 19 June 2020, the Federal Council took note of the report on the need to amend tax law with regard to blockchain. The report concluded that no special legislative amendments to tax law are necessary. As regards income,...
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Optional delay for DAC6 reporting The European Commission proposal of 8 May 2020 for a new directive amending Directive 2011/16 / EU aims to postpone certain deadlines for reporting and exchanging information on tax matters due to the crisis related to COVID-19. Negotiations in the Council have progressed rapidly in recent weeks and a compromise...
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Jersey redesigns its beneficial ownership register Jersey government is now reviewing a draft Bill (Financial Services, Disclosure and Provision of Information, Jersey Law 2020) regarding the establishment of a new central register of beneficial owners, controllers and significant persons. This was deemed necessary after the Jersey Financial Services Commission recommended the jurisdiction to enact new...
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Guernsey’s latest amendments to BO’s register regime After the introduction of the Beneficial Ownership of Legal Persons (Guernsey) Law 2017, emerged doubts regarding the implementation of many grey areas of the provision. Clarifications have now been provided by Guernsey’s legislative assembly through the amendment of the beneficial ownership reporting framework. The Beneficial Ownership register was...
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New Zealand finance bill amending trusts’ tax treatment New Zealand has introduced a further finance Bill in order to ease economic recovery after the global pandemic crisis. The Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill will include measures aimed at deterring speculative investment in land, also amending several rules regarding trusts’...
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Corporate Information

Capital Trustees AG
Trade and companies registry: Zürich No. CHE‑112.645.753
Intra-Community VAT number: CHE‑112.645.753
Registered office: Bleicherweg 50 – 8002 Zürich, Switzerland.

Telephone No.: +41 (0)44 512 5004

Branch office: Via Somaini 10 –
6900 Lugano, Switzerland.

Telephone No.: +41 (0)91 210 5700

Email address:  info@capitaltrustees.ch