Loralie SA

TAX TREATMENT OF CRYPTO MONEY IN SWITZERLAND

For the private, but also in general, the importance of cryptocurrencies has increased over the course of the digitalization push caused by the COVID 19 pandemic and following the achievement of record prices of these new instruments payment, for example Bitcoin or Ether. However, the proliferation of cryptocurrencies raises various tax issues for both natural …

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The conflicts of interest of wealth managers

Asset managers have a strong incentive to recommend the financial products on which they are best paid.   Therefore inexpensive ETFs or stocks and bonds of companies known for their ecological, social or entrepreneurial responsibility rather rarely appear in the investment plans that banks manage for their clients.   Another potential source of conflicts of …

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Change of Bank

The bill is salty for investors. Investors pay prohibitive fees when transferring securities from one bank to another.   When an investor transfers his securities to another bank, it costs him dearly. The cause: the transfer fees.   As a comparison from K-Geld magazine shows, only two banks do not charge such fees: VZ Banque …

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