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News
Switzerland declares Privacy Shield with USA non-compliant   In light of the recent case law of the European Court of Justice (ECJ) on the protection of personal data in the context of the Privacy Shield between the US and the EU, Switzerland has been reassessing the conformity of the Privacy Shield to the Federal Act...
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Taxes payable by cryptocurrency make Switzerland a leader in the implementation of crypto assets   Thanks to its collaboration with Bitcoin Swiss, Canton Zug announced that it will accept tax payments by Bitcoin and Ether (for both companies and private individuals) up to an amount of CHF 100.000, starting from February 2021, becoming the first...
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US tackling shell companies’ money-laundering problem in new Defense Bill   Following persistent criticism of the Financial Action Task Force, regarding the lack of transparency of true owners of US shell companies, the Senate Banking Committee have reached an agreement on anti-money laundering legislation with the support of the American Bankers Association, the Bank Policy...
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‘Res non-dom’ decreasing amid uncertainty in the UK   The recent release of HMRC’s annual update on non-domiciled (non-dom) taxpayers in the UK reveals the first signs of the so-called “non-doms flight prediction”. Non-dom taxpayers have in fact decreased from 78,700 in 2018 to 78,000 in 2019, also showing that the number of declared domiciled...
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FINMA releases clarification upon trustees’ licence   Following requests coming from various interest groups of the Swiss trust sector, FINMA recently released clarifications with respect to the information to be submitted by operators as part of the application for a trustee licence. The application form made available on FINMA’s platform required to provide details on...
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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