>
Date: Wed, 14 Jun 2000 13:16:52 +0200
X-Mailer: Microsoft Outlook 8.5, Build 4.71.2173.0
Modification: The bill will have to go through parlement.
> -----Original Message-----
> From: owner-swiss-list_at_ars.net [mailto:owner-swiss-list_at_ars.net]On
> Behalf Of Laurent Mieville
> Sent: Wednesday, June 14, 2000 10:53 AM
> To: swiss-list_at_swiss-list.com
> Subject: swiss-list: Big news on stock options from CH
>
>
> Hi all,
>
> FYI, Best, Laurent M.
> ---------------------------------------------
> The Conseil Fédérale decided yesterday to lower the nominal value of Swiss
> shares to 1 centime. This was done as part of the new law on mergers ((loi
> sur les fusions). This decision is final and needs no further approval by
> Parliament. The new loi sur les fusions is also a significant
> simplification
> from the past and will help the creation and growth of small and medium
> enterprises as well as simplify and lower costs for large
> corporations. (see
> l'agefi 14.6.00 pages 1, 2 and 4.)
>
> After the recent change of OFAS regulations allowing Pension
> Funds to invest
> in venture capital and to increasingly invest outside Switzerland, this is
> the second major acceptance of Le Réseau's 7 point program.
>
> We still have three major issues to solve: the taxation of Options,
> increased work permits for high-tech personnel and multiple taxation of
> private investors in VC Funds.
>
> -----------------------------------------------------
> Laurent Miéville
> Bureau de transferts de technologies et de compétences Unitec
> Université de Genève
> Tél.: 022-705 76 92
> Fax: 022-329 42 90
> mailto:unitec_at_unige.ch
> http://www.unige.ch/unitec/
>
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Received on Wed Jun 14 2000 - 04:16:56 PDT
