The future of the automotive industry
Over the years, the tax regulations governing foreign subsidiaries, known among insiders as CFCs (ControlledForeign Companies), have undergone numerous changes related to the criteria for identifying states or territories with preferential taxation regimes.
Within the context of a securities portfolio, the income (for example, dividends and bond interest) may often be subject to deductions in the source State. Consequently, a phenomenon of double taxation of the same income, or so-called “Juridical double taxation”, could occur both in the source State as well as in the recipient's State of residence.
The VECO Group, one of the most important Swiss, private and independent multi-family offices, has renewed its placement among sector leaders, starting from their origins, and presenting themselves with a new image.This is an ambitious strategy and a vision to become the multi-family office advisory boutique in the Canton of Ticino, at the service of Private investors and Entrepreneurs, with a stronger orientation towardsSwitzerland, Italy and select international markets.