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Legal Developments worldwide

SWISS CHARITABLE FOUNDATIONS

November 2008 - Corporate & Commercial. Legal Developments by Froriep Renggli.

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The Swiss charitable foundation is an estate planning vehicle suitable for international philanthropists. It provides a worldwide-recognized solution to private inheritance, while at the same time benefiting society as a whole. The Swiss Civil Code and Swiss tax legislation, the Guidelines on the Incorporation of Foundations issued by the Federal Department of the Interior and the Circular of the Federal Tax Administration dated July 8th, 1994 ensure a workable and secure legal framework.

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