The fully independent trust companies Swiss Trust Company, Nevada, USA and Swiss Trust AG, Zurich, Switzerland have been established with the aim of safeguarding clients’ privacy and minimizing tax risk.
Swiss Trust AG aims to guide high-net-worth individuals through the complex topographies of the Common Reporting Standard (CRS) in order to ensure their full tax compliance. The Nevada-licensed Swiss Trust Company, in turn, offers the tool to ensure an unparalleled level of privacy: a stand-alone Nevada trust.
“We believe the set-up that we have adapted to the new CRS landscape provides our clients with one of the highest levels of privacy and tax transparency available in the industry.”
SAFELY MAPPING THE NEW TERRAIN OF TAX TRANSPARENCY
“We all know stark regulatory changes create moments of disorientation. And the new landscape shaped by the automatic exchange of information is noexception. Familiar paths may no longer appear trustworthy. It requires courage and determination to navigate unknown territory.
Think of it as trying to reach a summit. In unfamiliar high-altitude terrain, you would certainly rely on a knowledgeable mountain guide who knows the area inside out to show you the way. And you would choose sturdy boots, adequate safety ropes, crampons – whatever equipment is needed to make your ascent safe.
We have worked with high-net-worth individuals in wealth management for many years and have supported their goals. For our clients, we have explored and mapped an ever-changing complex regulatory landscape. We have investigated all CRS requirements and their practical implementation and sought legal opinions.
We can safely say, we now know the new landscape of tax transparency inside out. And just like experienced mountain guides, we – as trustees – can now accompany our clients on the safest and most promising route along the mountain ridge towards the summit.
Our search for the best equipment to navigate this new terrain led us to Nevada. Aided by an estate planning attorney, we set up a stand-alone Nevada trust, a very flexible, sensible solution in the largest jurisdiction for wealth management worldwide.
Over the years, we have learned to anticipate our clients’ demands and needs. In appreciation of their trust we constantly strive to be one step ahead, offering the best possible solutions. We believe the set-up that we have adapted to the new CRS landscape provides our clients with one of the highest levels of privacy and tax transparency available in the industry.”
Partner, Swiss Trust AG
AN EXPERIENCED GUIDE: SWISS TRUST AG
A RELIABLE INSTRUMENT: SWISS TRUST COMPANY