Switzerland and France maintain close friendship and trade relations. In this context, many companies conduct business in both countries, which include goods and labor. Furthermore, a lot of workers cross the Franco-Swiss boarder every day to reach their workplace. In order to determinate tax consequences of cross border workers, Franco-Swiss authorities have passed specific bilateral tax treaties.
With the offices in Geneva and Lausanne, our firm often deals with issues that relate to Franco-Swiss taxation. In this context, we advise a large number of clients in regard to their taxation and their social security obligations. Furthermore, our firm has assisted our clients in automatic information exchange, administrative assistance, and voluntary disclosures. Implementation of these new rules has significantly changed the relations between these two countries.
The resignation of France from the Inheritance Tax Treaty in 2015 was a mile stone in regard to the bilateral relation. As result, many taxpayers are prone to double taxation. This risk should not be ignored. Fortunately, there are number of ways to reduce the risk of double taxation through proper estate tax planning (usufruct donation, changing domicile, use of franchises, etc.).
Our attorneys based in Geneva and Lausanne advice and provide representation to clients with Franco-Swiss tax issues with the Swiss tax authority. Consult our firm for issues relating to Swiss-Franco taxation.