Tax on Securities Accounts 2.0 adopted in Parliament
15 February 2021
The law introducing a new tax on securities account ("TSA 2.0") has been adopted yesterday by the federal parliament. Preparatory works clearly state that TSA 2.0 distances itself from its former version that has been deemed unconstitutional by the Constitutional Court in 2019. One may ask whether the changes made by the legislator would be sufficient to avoid a similar fate.
Clifford Chance
