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Russia creates new domestic foundations Russian Federal Law No.287-FZ will come into force on 1 March 2022, allowing Russian business owners to transfer to new private foundations business and personal assets of at least RUB100 million. The reform aims to provide continuity to businesses by reducing inheritance disputes. Unlike existing inheritance foundations, it will be...
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Spanish law against tax fraud extends list of ‘non-cooperative jurisdictions’ On July 10, the Spanish Law for the Prevention and Actions Against Tax Fraud (Law 11/2021) came into force, affecting almost every aspect of the Spanish tax system both for companies and individuals. In particular, the Law will extend the Spanish list of ‘non-cooperative jurisdictions’...
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Ireland enacts new rules for BO’s registration The European Union (Anti-Money Laundering: Beneficial Ownership of Trusts) Regulations  (the ‘2021 Trust Regulations’) have recently come into effect in Ireland. By revoking and replacing the 2019 beneficial ownership of trust regulations, the 2021 Trust Regulations provide for the establishment of a Central Register of Beneficial Ownership of Trusts, maintained...
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Australian court confirms foreign residents are taxable on trust gains. The decision of the  Federal Court of Australia in Peter Greensill Family Co Pty Ltd (Trustee) v ATO (2021 FCAFC 99) creates significant issues for non-resident beneficiaries of Australian discretionary trusts. In fact, the Court’s decision states that capital gains distributions from a trust to...
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Switzerland announces new succession law from 2023 At its meeting on 19 May 2021, the Federal Council decided to set the date for the implementation of the revision of Swiss succession law on 1 January 2023.  The reform will alter substantially Switzerland’s forced-heirship laws, adapting it to the evolution of society and allowing for more...
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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