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GRANT THORNTON Switzerland/LIECHTENSTEIN Takeover of Baker Tilly Spiess SA in Geneva
On 1 January 2019 Grant Thornton Switzerland/Liechtenstein is to take over Baker Tilly Spiess SA in Geneva, and can thereby significantly strengthen its market position. With the takeover in the New Year the number of employees will increase to around 200.
Tax Direct to indirect taxation
From pricing and reputational risks to the threat of systems overload and cash flow disruption, indirect taxation is nothing like as easy as it seems. Almost everything that makes valueadded tax (VAT) and goods and services tax (GST) attractive to governments can make it a headache for businesses.
Legal Services Start-ups: What to consider
The number of young companies founded (start-ups) continues unabated. Switzerland is a world leader in innovation thanks to its renowned universities. From the idea to the launch of a marketable product or service, however, it is a rocky road to overcoming hurdles in many different areas. What is more, mistakes made in the start-up phase can lead to problems later. Grant Thornton's experienced lawyers know what it takes to implement a business idea and can provide comprehensive advice to start-up companies with the support of other internal specialists (e.g. tax or transaction services).
Tax US tax reform one year in
In December 2017, US lawmakers enacted the Tax Cuts and Jobs Act (TCJA), the country’s biggest overhaul of tax legislation for a generation – you’ll have to go back to 1986 for anything as far-reaching. The impact on corporate earnings and investment plans are appearing significant and further opportunities are unfolding. However, a year on from being passed in Congress, the legislation is still subject to considerable interpretation.
GRANT THORNTON Switzerland/LIECHTENSTEIN Erich Bucher to become new CEO
Erich Bucher will take over the management of Grant Thornton Switzerland/Liechtenstein on 1 January 2019 and the existing CEO Patrick Hilty will become the chairman of the Board of Directors.
Tax Is workload reduction worth it?
Many working people plan to reduce their workload or take their pensions early before reaching normal pensionable age. However, it is often not taken into account that a reduction or termination of employment can also have consequences with regard to social insurance law.
ADVISORY Financial Services Video identification – the future of client onboarding?
Client onboarding by way of correspondence requires stringent identity checks. Since the client is physically absent, the copy of the passport needs to be certified by a public notary. In many cases, such notarisation needs to be legalised by an apostille under the Hague Convention. This results in complicated and expensive onboarding activities. Also, financial institutions still run quite high risks because the passport and certifications can still be falsified.