Everything Private Wealth & Family Offices
PwC Switzerland
Our purpose is to build trust in society and solve important problems.
Welcome to our latest edition of our monthly newsletter, where our team of experts breaks down complex topics into bite sized and intriguing insights, ensuring that you're always in the know.
In this issue we delve into several key areas of private wealth and family offices. Our team explores the latest Inheritance Tax Initiative and its potential implications on wealth transfer strategies. We also bring you an engaging Podcast episode on Family Office Insights, where industry leaders share their take on data protection. What else? Dive right in and prepare to challenge your assumptions and discover new ways of thinking. ????
Top-flight event from PwC:?Private Wealth Forum??
Make sure to sign up now for this year’s edition of PwC’s annual event focused on global trends and developments in private wealth.?There will be a wealth of insights from PwC experts worldwide on navigating the complexities of tax and regulations for international families. The forum will also include a series of optional insight sessions addressing specific regional updates, designed for smaller, more focused audiences.?Proceedings will conclude with a main forum and a networking Apero. Please note that spaces are limited and registration is on a first come, first served basis.?
Read up and stand up for your family’s interests: ? Switzerland’s Inheritance Tax Initiative?
The inheritance tax initiative ‘(Initiative for a Future)’ calls for a 50% tax on inheritance and gifts. While those affected could claim a one-time tax exemption of CHF 50 million on gifts and estates, acceptance of the initiative would pose a significant threat to Swiss family businesses.?
In our latest study, “Swiss family businesses in danger”, we surveyed 224 family business entrepreneurs about how they're preparing for the potential impact. The results are clear: 96% of family businesses oppose the initiative, with many fearing having to relocate or sell part or all of their business. In fact, 8 out of 10 family businesses would not have enough liquid assets to bear the additional inheritance tax burden. They view this as a serious threat to the Swiss economy.?
Real-life insights: PwC’s Family Office Insights podcast?
Our podcast is a chance to hear a wide range of experiences and challenges faced by family offices, shared directly by industry leaders and experts from both inside and outside PwC.
Episodes are compact but a rich source of:
领英推荐
Specialised expertise: US Tax Services?
With an election coming up, now more than ever, individuals and businesses connected to the US ?have unique needs requiring deep understanding and experience to ensure ongoing compliance. PwC offers tailored tax services to meet precisely these requirements.?
Comprehensive solutions include assistance with tax compliance, reporting obligations and strategic tax planning. The services have a cross-border focus, providing support with navigating US tax implications in a global context and ensuring compliance across jurisdictions.?
All this is provided by PwC’s dedicated team of seasoned US tax professionals based in Switzerland.?
Comprehensive support for trustees: services for trust companies
Establishing private wealth ownership vehicles is a complex undertaking. While PwC doesn’t manage trusts itself, we do provide a suite of expert services to help families get the structures right and ensure they are run effectively.?
The team is dedicated to helping trustees with the tax, legal and regulatory challenges and requirements faced on an ongoing basis by both the structures and the family members themselves. A key part of the equation is support to ensure that trustees and family offices are working well together to meet the needs of the families.
Exclusive event: Women in International Private Wealth Network
The Women in International Private Wealth Network initiated and run by PwC is aimed exclusively at women who work in the private wealth sector. ?Our last event was a hugely popular and insightful panel discussion on being a female founder – and a female investor – in Switzerland.??
This is your opportunity to attend our next event to hear the views and experiences of our guest speakers and network with your peers over an apéro riche.
Exiting news: Family Barometer 2024?
The Julius Baer / PwC Family Barometer is a yearly global survey gathering the opinions of experts who work with and advise wealthy clients and their families. To enable more relevant insights and share common views, this year again (for the 5th edition) PwC Switzerland and its network of firms is collaborating with Julius Baer. ?
This year's insights will shed interesting perspective in wealthy family trends, needs and concerns for today and tomorrow. The 2024 edition will be available in November 2024.
Subscribe to receive all future issues of the PwC Switzerland's monthly "To the point" newsletter. ??