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Late tax payments incur default interest, while advance payments can earn compensation or balancing interest. Especially for legal entities, advance payments can reduce business expenses through interest income.

Entrepreneurs face various risks such as operational disruptions, competition, reputation and financial problems. They must be prepared to manage these risks through early detection and preventive measures.

Declaration errors allow for a one-time penalty-free self-disclosure, similar to the get-out-of-jail-free card in Monopoly. Incorrect information can lead to back taxes and fines, except in the case of the first self-disclosure.

Swiss pension funds use benefit primacy (pension based on the last salary) and contribution primacy (pension based on capital) for pension calculation. In the case of benefit primacy, a percentage of the last salary is paid out as a pension, while in contribution primacy, the pension depends on the accrued capital.

The Swiss pension system relies on old-age, occupational, and private provision using pay-as-you-go and funded schemes. The first ensures existence, the second and third the standard and additional needs in old age.

Tax data may only be disclosed in accordance with data protection law. Disclosure is often based on legal grounds or the consent of the taxpayer.

The discussion about the introduction of a Swiss trust law highlights the benefits for asset management, but faces challenges such as the risk of abuse and difficulties in adapting to existing legal standards. Trusts, as special assets, protect against creditors, but their introduction in Switzerland requires thorough considerations of legal adjustments and risks of abuse.

The Economic Commission of the Council of States has made a proposal for the abolition of the imputed rental value, which was discussed in the Federal Council without agreement. The imputed rental value is a form of taxation for owner-occupied properties in Switzerland, which is politically controversial and so far irreformable.

Modern accounting conveys important financial information but involves risks due to discretionary leeway and external influences. Information deficits and short-term motives can lead to market distortions.