Today, clients are increasingly seeking greater tax optimization services from their banks. Since the implementation of the Automatic Exchange of Information (AEI), this demand has increased and clients are now far more open to changing to banks which have an offering which best meets their needs.
The implementation and maintenance of tax services is highly complex, cost intensive and fluid: ever-changing local fiscal regulation requires constant monitoring and adaptations of processes and systems
The Swiss Stock Exchange offers a number of solutions to address such tax issues, including Relief at Source, Quick Refund, and Tax Reclaim services. The new Advanced Tax Reclaim service is an innovative and smart one-stop-shop solution for banks and wealth managers, creating new revenue opportunities for banks and their clients. The Advanced Tax Reclaim service can be accessed through the web-based ATS Portal.