SUMMARY

According to the information provided the test may be summarized as follows :

The information included in the present tool is intended as general guidance and is not represented to be comprehensive or advisory in nature. Please contact your professional tax adviser for detailed information regarding the topic contained herein

LIMITED TREATY BENEFITS

More than 30% of the aggregate vote and value of all shares is ultimately owned by qualified persons resident in CH

70% or less of the aggregate vote and value of all shares is ultimately owned by qualified persons and persons which are resident of an EU, EEA or NAFTA member State

Under these circumstances limited treaty protection is not granted