Cooperation between PwC and Noveras Tax Reporting for international Banking Clients

PwC and Noveras Services AG have agreed to cooperate in providing offshore tax reports for banks located in Switzerland and in foreign countries. This cooperation results in the following benefits:

Benefits for Banks:

  • Able to offer truly country-specific, high-quality tax reports to clients
  • No need to build up and maintain tax reporting infrastructure
  • No need to follow tax laws around the world
  • Tax reporting provided even for small numbers of clients
  • Flexible, cost-efficient cooperation

Benefits for Clients:

  • Client receives a high-quality tax report for their offshore account
  • Reports deliver all of the necessary information for client’s tax return in their country
  • Overall lower costs for the client due to saving the expense of local tax support

Statement by the Leaders

  • This unique cooperation ensures several high-quality services (such as highly skilled tax reporting products).
  • The synergy between PwC as leading expert advisor in tax-related topics and a practice-oriented boutique with profound knowledge of wealth management / cross-border banking, IT and international tax law creates a unique market solution.

Find out more

Contact

Dieter Wirth
Partner
+41 58 792 4488
dieter.wirth@ch.pwc.com

Michael Taschner
Senior Manager
+41 58 792 1087
michael.taschner@ch.pwc.com

Published by

Michael Taschner

Michael Taschner

Michael Taschner is a Senior Manager in the Legal FS Regulatory and Compliance Team in Zurich since 2015. Michael is working on regulatory topics such as MIFID II, MiFIR, SFTR, MAD MAR, PRIIPs, CRR, CRD IV and EMIR for more than 7 years. His focus is Regulatory and implementations of front-to-back systems. Michael holds a Master’s degree in Business Administration from the Vienna University of Economics and Business.
Prior to joining PwC, Michael worked in the areas of risk management, conception of IT programs in the financial services sector and project management.