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Payment defaults cause not only financial losses for companies but also additional administrative effort. Effective measures such as credit checks and advance payments can help minimize these defaults.

Early saving in pillar 3a is worthwhile due to returns, tax savings, and valuable provident fund experience. Young adults can also start with small amounts and benefit from long-term advantages.

A tax ruling is an advance binding information obtained from the tax authorities, which creates legal certainty and protects against criminal consequences. The validity of a tax ruling depends on an accurate presentation of the facts and does not provide protection against changes in legal norms after its issuance.

Companies can capitalize development costs as intangible assets if specific criteria are met. Requirements include, among others, technical feasibility and reliable cost allocation.

Swiss GAAP FER plans to standardize the accounting of subsidies and revise consolidated financial reporting. The aim is to improve the comparability of financial statements and provide more detailed reporting.

The Federal Court decided that A. should be classified as a commercial property dealer because he deliberately aimed for profits through systematic transactions. Therefore, A. must tax the capital gains from his property sales as income.

The Federal Court confirmed the cumulative deductibility of public transportation costs and bicycle flat rate for the commute, regardless of alternative transportation options. The Professional Expenses Ordinance allows a maximum travel cost deduction of 3000 francs and does not establish a ranking order between bicycle, bus, and walking.

Tax disputes between cantons often arise because it is unclear where a person's tax residence is located. The tax domicile is determined by the center of life and the intention of permanent residence.

The tax liability for items such as flatscreens or silver cutlery varies by canton in Switzerland and depends on whether they are considered tax-free household goods or taxable assets. In the category of capital investments, items must be declared in the tax return, otherwise back taxes and penalties may be imposed.