03/2021
Tax-approved interest rates 2021 for advances or loans in Swiss francs and foreign currencies
Tamara Bosch
The granting of interest-free or insufficiently interest-bearing advances or loans to participants or third parties related to them constitutes a payment in kind. This shall also apply to translated interest which is paid on the basis of obligations to participants or third parties close to them.
The following two FTA circulars provide information on the appropriate interest rate for advances or loans in Swiss francs and foreign currencies:
- Tax-approved interest rates 2021 for advances or loans in Swiss francs(FTA, circular dated 28 January 2021)
- Tax-approved interest rates 2020 for advances or loans in foreign currencies(FTA, circular dated 29 January 2021)
All FTA circulars are available here.
First publication:
www.taxlawblog.ch
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