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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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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EU adds Barbados, Panama and The Bahamas to money laundering blacklist On 7 May 2020, the European Commission adopted an action plan for a comprehensive Union policy on preventing money laundering and terrorism financing. The action plan builds on six pillars: Effective implementation of existing rules A single EU rulebook EU-level supervision A support and...
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Cayman Islands amending beneficial ownership definition With the first months of 2020, Cayman Islands has seen the introduction of a new bill that has amended The Companies Law (2018 Revision) in order to increase the effectiveness of the beneficial ownership regime and the connected registration process. Clause 4 of the bill has thus amended section...
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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

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6900 Lugano, Switzerland.

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