Login
Logout
•
Create account
My profile
•
DE
•
EN
The English language version is created automatically. The text may therefore contain linguistic and terminological errors.
Understood
Feedback
Intro
Main Content
Footnotes
Corporations
30
.
01
.
2020
01/2020

The Swiss Federal Tax Administration has published Circular Letter No. 29b "Capital Contribution Principle

Alain Zbinden

Alain Zbinden
Alain ZbindenAlain Zbinden
-
Advertisements
-

On 23 December 2019, the Swiss Federal Tax Administration published Circular Letter No. 29b "Capital Contribution Principle". Circular Letter No. 29b comes into force on 1 January 2020 and replaces the previous circular letters No. 29 and 29a.

With the adoption of the referendum on the Federal Law on Tax Reform and OASI Financing (STAF) of 19 May 2019, the tax-free repayment and use of reserves from capital contributions in the event of a direct partial liquidation of legal entities listed in Switzerland was restricted. The new provisions on the capital contribution principle in the DBG and the VStG come into force on 1 January 2020. Also on 1 January 2020, circular letter no. 29b will come into force, replacing the previous circular letters no. 29 and 29a.

Circular letter no. 29b is available here. The overview of all circular letters is available here.

First publication:
www.taxlawblog.ch

Please change your browser!

Microsoft Internet Explorer uses outdated web standards and is no longer supported by our platform. For an optimal display of the zsis) we recommend that you use one of the following browsers.
zsis) - supports browser
Chrome
zsis) - supports browser
Edge
zsis) - supports browser
Firefox
zsis) - supports browser
Safari
For more information about the outdated technology of Internet Explorer and the resulting risks, please visit the blog of Chris Jackson (Principal Program Manager at Microsoft).