Extension of the tax loss carryforward period to 10 years
TaxThe Swiss parliament has decided to extend the period for carrying forward tax losses
Philippe Ruggli is Director of the Tax division in Zurich.
Philippe Ruggli advises national and multinational companies on value-added tax and direct taxation. He has several years of professional experience in corporate taxation, including handling of tax compliance for the Swiss entities/branches of a global insurance company. Besides that Philippe Ruggli prepares the Funds Reporting for various multinational Funds.
Prior to joining Grant Thornton in autumn 2018, Philippe Ruggli worked in the International Tax Transaction division of a Big Four firm in Zurich, where he assisted with numerous cross-border transactions.
Philippe Ruggli graduated from the University of Basel in 2016 with a Master of Law. He also holds a Master of Advanced Studies in VAT.
In addition to his native German, Philippe also speaks fluent English.
The Swiss parliament has decided to extend the period for carrying forward tax losses
The Federal Tax Administration (FTA) publishes the recognized interest rates for the tax assessment of advances and loans in Swiss francs and foreign currencies on an annual basis.
Circular No. 32a of the Federal Tax Administration (FTA), published on January 20, 2025, deals with the tax treatment of restructuring measures for corporations and cooperatives.