Exam

Question 1

What is the aim of FATCA; CRS and CbCR?

Answer 1

improve tax cooperation, transparency and communication

Question 2

In addition to corporate laws, what other “rules” affect corporate actions in most jurisdictions? Are they legally binding? How is such a “rule book” called in Switzerland?

Answer 2

In most jurisdictions, corporate actions are also governed by a company’s articles of association or internal governance rules.
These rules are legally binding.
In Switzerland, this rule book is called the Statuten (articles of association).