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Bitcoin meets all the criteria for an accounting obligation according to Art. 959 CO, including availability and probable inflow of funds. Findea explains central legal aspects of Bitcoin accounting in this article.

Bitcoin is a decentralized cryptocurrency and an anonymous payment system. The legal classification of Bitcoins remains complex, as they are not considered an official currency.

Circular No. 43 explains the tax exemption for grants in culture, sports, and science, depending on specified criteria. Findea offers support in applying these tax rules.

Circular No. 43 concerns tax exemptions for certain incomes in culture, sports, and science according to Art. 24 DBG. Individual assessments are essential for the tax treatment of these incomes.

Circular No. 43, effective since 02/26/2018, replaces previous regulations regarding the tax treatment of awards and scholarships in the arts and science sectors. It specifies conditions under which such grants are tax-free; otherwise, they are considered taxable income.

The Federal Council currently sees no urgent need for action in revision law, but is having certain aspects examined in depth. The expert report confirms the appropriateness of the existing law; however, seven points are to be investigated more closely.

The RAB is reducing its jurisdiction and will only supervise listed bonds, which does not affect investor protection. Foreign audit firms are subject to the RAB when they audit companies that are relevant to the capital market in Switzerland.

The necessary adaptation of Swiss tax criminal law to implement international OECD standards has been on hold since 2015. New developments could now influence the resumption of this project.

On 23.01.2018, Federal Councillor Maurer met with Hong Kong's Chief Executive Lam to deepen financial cooperation. During this meeting, they signed three MoUs to promote the finance and fintech sectors.