On 16 November 2022, the Swiss Federal Council announced that it will invoke the safeguard clause in the Agreement on the Free Movement of Persons (the Agreement) and introduce new quotas for Croatian nationals entering Switzerland as of 1 January 2022. This decision comes in response to the influx of Croatian workers in 2022, which exceeded the threshold defined in the Agreement.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
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