Italy carries out a policy to attract international talents On May 8 Italian Government has approved the legislative decree that will transpose directive (EU) 2016/801 of the European Parliament and of the Council of 11 May 2016 on the conditions of entry and residence of third-country nationals for the purposes of research, studies, training, voluntary...Read More

Domestic law aligned with EU directive on mandatory automatic exchange of tax information   The recently introduced Law 33(I)/2018 amends the Law regarding Administrative Cooperation in the Field of Taxation 2012 to 2017(1) in order to align domestic law with EU Directive 2016/881/EU, which amended EU Directive 2011/16/EU on administrative cooperation in the field of taxation....Read More

SWITZERLAND: Still the leading wealth management centre, but rivals pile on pressure   Switzerland remains the world’s largest wealth management centre for international assets, but the air is getting thinner at the top and other financial hubs are gaining ground, according to a global report. A total of $1.84 trillion (CHF1.85 billion) of international assets...Read More

SWITZERLAND: Still the leading wealth management centre, but rivals pile on pressure   Switzerland is still the world’s biggest international wealth management centre, managing CHF1.85 billion (USD1.84 trillion) of international assets at the end of 2017, according to accountancy firm Deloitte. However this amount is 7 per cent less than in 2010, and the jurisdiction...Read More

Federal Council briefed on work to strengthen Swiss financial centre’s framework conditions Bern, 09.05.2018 – Switzerland is facing increasingly intense international competition as a business location and financial centre. Care has to be taken of the country’s good framework conditions and the financial centre’s tax and regulatory environment must be reviewed on an ongoing basis. The Federal Council...Read More