• Olivier Eichenberger, Director |

The Swiss Federal Tax Administration has just published the 2023 safe-harbor interest rates for loans to and from related parties in CHF as well as foreign currencies. These interest rates reflect the developments on the capital markets and have been increased accordingly. The safe-harbor interest rates for loans in CHF have not changed for years but are now rising sharply. The rate, e.g. for loan receivables, increased to a minimum of 1.5% (previously: 0.25%). Furthermore, the applicable spread for loans up to CHF 1 million has changed – also for loans in foreign currencies. For further information on the mechanics of the respective rates, see here