The third major change that will affect individual taxation is the tightening of the transposition rule. According to the new conditions, the transfer of a single share from a private portfolio to a self-controlled company may be qualified as taxable income if the transfer price exceeds the nominal value. Under previous law, a taxable individual had to sell off 5% or more of the assets held personally to a legal entity held by this same person before this rule kicked in.
Click here to download the new tax law of the Canton of Zug along with a German and English summary of the most significant changes in our KPMG publication "Tax Law of the Canton of Zug". If you prefer a hard copy, please send us an e-mail to email@example.com.