Stéphanie Fuchs 富彩蝶

The Real Deal. Inside entrepreneurship. Quiet Ascension Day energy today. Podcast prep, research, refining questions, structuring thoughts, moving between different projects and roles throughout the day. Entrepreneurship rarely looks the way it is presented online. A large part of it happens in calmer moments like these: the preparation behind the conversation, the invisible foundation behind what later becomes visible, the constant shift between deep work, visibility, strategy and execution. For me, holidays have long become space for exactly this kind of work. 🎤 And tomorrow, the microphone turns on again. A new episode of The Real Deal. Inside Entrepreneurship. Stay tuned. This time, I will speak with a fabulous entrepreneur and specialist in leadership as well as career planning. I want to know from her what visibility actually means once the old corporate logo disappears and your expertise suddenly has to stand on its own in the market. Stéphanie Fuchs Consulting – Keep your crown on. Build anyway. 👑 #Entrepreneurship #Leadership #FractionalCareers #Visibility #Podcast #WomenInBusiness #CareerStrategy #StephanieFuchsConsulting

If you want to make it to the top, stop comparing yourself with others. ✨️ #entrepreneurship #corporatestructuring #successfulwomen #winnermentality #tax

Know your straddles. The X-factor in investing. And never let a strangle become a stranglehold. Last week, I had several fascinating conversations around structured products and options strategies. One thing became very clear: many investors buy products linked to options without fully understanding what sits underneath. Take straddles and strangles. In simple terms: 🌟 A straddle combines a call and a put at the same strike price. 🌟 A strangle combines a call and a put at different strike prices. That difference changes the risk profile significantly. A straddle places both options at the same strike. However, both options continuously lose time value (Theta). Even with some market movement, the strategy can still result in a loss if the move is not large enough to offset the premium paid. A strangle works on the same principle, but the options sit at different strike prices. This makes the strategy cheaper upfront because both options are out of the money. The trade-off is significant: markets must move much further before the strategy becomes profitable. The safety net is wider, but also further from the ground. 📈 Why do investors confuse them? Because on the surface, they look similar. Both are built around volatility. Both combine a call and a put. Both appear to “win in both directions.” The difference only becomes visible once markets actually move. The strangle is often marketed as the smarter and cheaper alternative. But "cheaper" also means strikes further apart and therefore significantly more movement required just to break even. If volatility remains moderate, the long strangle can simply expire worthless. Once investors move into short volatility strategies in search of easy yield, the risk profile changes dramatically. With a short strangle, the investor collects the premium upfront, but takes on the obligation to deliver if markets move sharply. Short strangles in particular can carry theoretically unlimited risk on the call side, and substantial downside risk on the put side. That is the real danger: not the strategy, but misunderstanding how much movement is required to make it work and which side of the trade you are actually on. 📈 From a Swiss tax perspective, we generally move within the area of tax-free private capital gains for private investors when it comes to pure options. However, this also means that losses are not deductible. Caution is required: precisely these strategies often involve higher trading frequency, short holding periods, leverage, derivatives and margin trading which can quickly raise questions around a qualification as a professional securities dealer. Volatility rewards the prepared. Whether you hold a straddle or a strangle, the real X-factor is not the market move itself. It is whether you truly understood the structure before the market moved. Stéphanie Fuchs Consulting – Keeping you in the driver's seat with your taxes 🏎️ #StructuredProducts #Options #Taxes #straddle #strangle

„Sei mutig. Werde sichtbar. Mach dein Ding.“ Man kann es als Unternehmerin oder Unternehmer manchmal fast nicht mehr hören. Diese Botschaft ist überall: in Coachings, auf Bühnen und in jedem zweiten LinkedIn-Post. Und ja: Mut ist die Eintrittskarte. Aber Mut allein macht nicht reich. Wer etwas Eigenes aufbaut, merkt schnell: Es geht nicht um Motivationssätze. Es geht um ein Geschäftsmodell, das wirklich trägt. Um Strukturen, die steuerlich funktionieren. Um die Frage, wie aus Honoraren irgendwann Vermögen wird. Und um die unbequemen Themen, über die in der Selbstständigkeit kaum jemand offen spricht. Meine geschätzte Kollegin Elisabeth Henning, und ich kennen diese Fragen aus eigener Erfahrung. Sie als Spezialistin für berufliche Transformation und Business Model Architektin für Top-Führungskräfte 50+, Gründerin der nXt chapters GmbH und langjährige Strategin in der Tech- und IT-Welt. Ich, selbstverständlich, aus der Steuer- und Finanzwelt und Gründerin meines Beratungsunternehmens. Darum haben wir beschlossen, genau diese Gespräche öffentlich zu führen. 𝐄𝐱𝐢𝐭 & 𝐀𝐮𝐟𝐛𝐫𝐮𝐜𝐡 Mut allein macht nicht reich. Über Geschäftsmodell, Steuern und Vermögensaufbau. Eine neue Reihe: Webinare und ehrliche Gespräche. Und wir machen das nicht alleine. Aber mehr sei an dieser Stelle noch nicht verraten. Bleibt dran! In Bälde folgt mehr. 🚀 Stéphanie Fuchs Consulting – Keeping you in the driver’s seat with your taxes 🏎️ #ExitUndAufbruch #CorporateExit #Unternehmertum #Geschäftsmodell #Vermögensaufbau #Steuern #Selbstständigkeit #Karrierewechsel #Podcast #Webinar #FinanzielleFreiheit #nxtchapters

𝐇𝐚𝐫𝐝 𝐰𝐨𝐫𝐤 𝐚𝐥𝐨𝐧𝐞 𝐰𝐢𝐥𝐥 𝐫𝐚𝐫𝐞𝐥𝐲 𝐥𝐞𝐚𝐝 𝐭𝐨 𝐮𝐥𝐭𝐢𝐦𝐚𝐭𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬. To all entrepreneurs. Understand the tax system. Perspective is what separates the entrepreneur who sees around corners from the one who is always catching up. I see this constantly. 𝐓𝐰𝐨 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐰𝐢𝐭𝐡 𝐬𝐢𝐦𝐢𝐥𝐚𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬, 𝐬𝐢𝐦𝐢𝐥𝐚𝐫 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐚𝐧𝐝 𝐬𝐢𝐦𝐢𝐥𝐚𝐫 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 𝐜𝐚𝐧 𝐞𝐧𝐝 𝐮𝐩 𝐰𝐢𝐭𝐡 𝐯𝐞𝐫𝐲 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐚𝐟𝐭𝐞𝐫-𝐭𝐚𝐱 𝐨𝐮𝐭𝐜𝐨𝐦𝐞𝐬. One structure was built with perspective on taxes. The other was built by reacting to the numbers in front of the business. What I mean is: you have to put taxes into perspective. It is not the focus on tax rates alone that is decisive, but the effective tax liability that results in the end. And this is influenced by different factors. Just a few examples through the Swiss tax lens: 🪙 R&D super-deductions, patent box and R&D-related provisions. 🪙 Swiss participation exemption for qualifying dividends and capital gains. 🪙 Holding structures separating operational profit from investment income. 🪙 Debt or equity financing and the impact on the taxable base. 🪙 Timing of income, expenses, depreciation and liquidity. The founders who come out ahead are not always the ones who worked the hardest or grew the fastest. They are the ones who could see the full picture. Who understood that every structural choice is also a tax decision, even when it does not feel like one. Perspective does not make things simpler. It makes them navigable. Let us look at your structure together. One step at a time. Stéphanie Fuchs Consulting – Keeping you in the driver's seat with your taxes 🏎️ #tax #taxadvisory #entrepreneurship #switzerland #corporatetax #taxstrategy #finance #founders #zurich

Switzerland extends loss carry-forward period from 7 to 10 years Now it's official 🎉 The law passed in December 2025 and the referendum deadline (the period during which the public could challenge the law) expired on April 17, 2026 without a single challenge. It is now set in stone. Here is what this means for you 👇 🏢 Companies hit by the pandemic. Businesses that suffered significant losses in 2020 and beyond now have three additional years to offset those losses against future profits. 🚀 Startups and scale-ups. A longer ramp-up phase before profitability? The extension from 7 to 10 years gives you more runway to actually use those early losses. 👤 Self-employed individuals. Explicitly covered under income tax and often the ones who need this most. Building something from scratch takes time, and three extra years to offset early losses can make a real difference. 📊 Finance teams and CFOs. Some previously unrecognised DTAs may now qualify for recognition under both Swiss GAAP and IFRS. This is not a "deal with it later" situation, communicate with your stakeholders and make sure your next set of financial statements reflects this change. 🌍 Cross-border structures. The recapture period for foreign PE profits is equally extended from 7 to 10 years. Depending on the applicable double tax treaty, this can have significant implications for profit allocation between jurisdictions. Good news, broadly speaking. But as always, the opportunity is in the planning. 🎯 Stéphanie Fuchs Consulting - Keeping you in the driver's seat with your taxes 🏎️ #SwissTax #Switzerland #TaxPlanning #LossCarryForward #Startups #CFO #CrossBorderTax #IFRS #SwissGAAP

🏆 Proud to contribute: @thecryptovalley Sustainability Working Group took part in the launch of the @EITHealth programme on Health Data Privacy & PETs. The @EITHealth programme on health data privacy and PETs (Privacy-Enhancing Technologies) equips professionals with practical skills to securely use, share, and manage health data in compliance with frameworks such as GDPR and the European Health Data Space. It focuses on applying advanced privacy-preserving methods (e.g. federated learning, homomorphic encryption, differential privacy) to enable innovation while protecting sensitive patient information. Working at the intersection of health, data, and AI? This programme delivers the essential expertise to stay ahead in healthcare innovation.

"Latin America countries are at the same level of technology, but they are far ahead when it comes to facing real issues" Milko Hensel. Milko Hensel, Tom Rieder,Philipp Vonmoos and Stéphanie Fuchs shared their insights about web3 adoption on the financial side at Ethereum Zurich

@EthereumZurich getting ready! ✨️ #ethereum #crypto #zurich

Authored with the support of @StephdaSteph, Chair of the CVA Sustainability Working Group, and former Chair @CarmenCucul.

📚The headline from yesterday's session: AI agents are not just analytical tools, they hold wallets, execute trades, interact with DeFi protocols. @thecryptovalley and Zühlke Group put the right people in the room last night; builders, legal experts, and financial professionals in Zürich to analyze what this actually means for infrastructure, regulation, and money itself.

A newly published study on decentralized AI in healthcare, mapping real-world use, emerging architectures, and the gap between promise and adoption. 📚 Read the full paper here: mdpi.com/2079-8954/14/4…

🔥 HAPPENING TOMORROW! Explore how autonomous agents are transforming digital transactions through expert insights across legal, technical, tax, and business domains.

🕯️ This Easter I light this candle for you. May it help you see the miracle you do not yet believe in. May its warmth remind you that there is always a way forward. Over these holidays I invite you to just pause for a moment, take some deep breaths, and make the time to think about where you are in life and where you see yourself in the next months and years. Never forget: living your fullest life is the decision to keep going, even when the path is not yet clear. Very often it is not about knowing what comes next, but about trusting that something will always unfold for you. Wishing you a peaceful and blessed Easter. Stéphanie Fuchs Consulting – Keeping you in the driver’s seat with your taxes 🏎️ #Easter #Reflection #Hope #Imagination #InnerLife #Leadership #Mindset

This event in Zurich is fully booked! If you can no longer attend, please cancel your registration to free up your spot for someone else. 🤝

Fury and love Careful with gifts by immediate handover (Schenkung in freier Übergabe) Now imagine someone promises you a gift of CHF 1 million. And then takes it back in their last will. An excerpt from Martin Suter’s Liebe und Wut. And at the same time, something very much drawn from real life. What makes this idea so brilliant is the legal construction behind it. A gift was promised in a ceremonial handover and later reversed in the last will. The murder part I will leave you to discover for yourself while reading, of course. That is precisely where the legal point begins. If a gift by immediate handover has not been validly completed, the asset remains part of the estate and can still be affected by a later testamentary arrangement. And once the gift has actually been completed, taxes enter the picture. From a Swiss tax perspective, gifts are generally assessed at the place of the donor. In an international context, this can become delicate very quickly, especially because treaty protection is often missing. It is always about love and anger. About legal detail and tax consequence. And sometimes, not understanding that connection can cost millions. Happy Easter 🌟 Stéphanie Fuchs Consulting – Keeping you in the driver’s seat with your taxes 🏎️ @diogenesverlag #MartinSuter #LiebeUndWut #tax #taxlaw #gifttax #inheritance #estateplanning #internationaltax #crossborder #switzerland #wealthplanning

SF = C, @SFConsulting01

𝐒𝐮𝐢𝐭 𝐮𝐩 - 𝐰𝐚𝐥𝐤 𝐭𝐡𝐞 𝐭𝐚𝐥𝐤 - 𝐚𝐧𝐝 𝐣𝐮𝐬𝐭 𝐤𝐞𝐞𝐩 𝐠𝐨𝐢𝐧𝐠. Oder: Afach macha. Ötschis isch immer. Talking with a professional negotiator. Well, I can say, I was a bit nervous. A little like when you spot a cheetah in the wild, I guess. Perhaps not quite that dramatic, but still. For the second episode of my podcast, I had the honour of speaking with none other than Fiorella Larissa Erni, professional negotiator and founder of Cheetah Stories SA. And we decided to speak in our mother tongue, Swiss German from the Rhine Valley. And you feel very quickly that Fiorella knows exactly what she is talking about. She shared how important it is to find what gives you that bit of extra confidence when you walk into rooms where it really matters. Coming from a negotiator who has worked in high-pressure conflict settings such as South Sudan, the Congo and Palestine, that carries a different weight. We spoke about standing tall. About high heels as a power suit. About how you stand differently, enter a room differently and carry a different confidence. Physically, emotionally and psychologically. And for founders, this matters - big time! Because when you build, every detail matters. How you dress, how you speak to yourself. Suddenly, you realise that those sayings on refrigerator magnets actually do make a lot of sense. It is decisive: How you show up. How you speak to yourself and to others. How you keep showing up when everyone has an opinion. And how you keep your eyes on your own goal. We also spoke about what happens behind the scenes of building a fashion brand. About patience. About how it feels when things shift suddenly or do not work out as planned at all. About those times when you negotiate with yourself and decide to continue no matter what. About moments when you find yourself starting again, and still moving forward. And of course about how important it is for us to support each other and share such stories. As always, when I speak with Fiorella, I leave the conversation in full spirits. But hear and see for yourself. 🎧 Listen on Spotify: open.spotify.com/episode/31LLzg… 📽️ Watch on YouTube: youtu.be/dZYhbGNJjhk?si… 🎞️ Explore the full platform and all episodes here: stephanie-fuchs.com/Podcast/ Stand tall. Walk the talk. Und: Afach macha. Ötschis isch immer. Keep your crown on. Build anyway. 👑 #TheRealDeal #InsideEntrepreneurship #Podcast #Entrepreneurship #Negotiation #CheetahStories #WalkTheTalk

Tickets are live for Ethereum Zuri 2026. Fri, April 10 (09:00–17:00) at University of Zurich Irchel (Zürich). Free general admission (optional Membership CHF 100 / Donation ±50 CHF ). Talks, discussions & workshops on Core Ethereum and more. Get tickets: luma.com/iz47pusd