The European Council has called for the swift enactment of Switzerland’s proposed corporate tax reform package. The recommendation was one of a number of conclusions adopted by the Council regarding the EU’s relations with the Swiss Confederation. The Council said…
Switzerland’s Government has recently decided on a number of trade matters and reviewed its plans for changes to how it administers vehicle taxes. Approval of trade deals with Ecuador and Turkey On November 21, the Swiss Federal Council approved two…
The Swiss Government has announced that, in preparation for a major overhaul of the tax system, existing practices on the taxation of principal companies and finance branches will not be applied to new companies as of 2019. The Government’s Tax…
The two houses of Switzerland’s parliament have said that they are largely in agreement on the main points of the Government’s proposed changes to the corporation tax system. On September 12, the National Council approved tax proposal 17 (TP17). The…
The Swiss Federal Council has asked the Federal Department of Finance to prepare a consultation on a draft tax reform package by September. Earlier this month, the steering body tasked with drawing up “tax proposal 17” (TP17) published its recommendations….
Switzerland has explained how it will amend its double tax agreements after it signed the OECD’s new multilateral tax compact to implement anti-base erosion and profit shifting measures. On June 7, Switzerland was one of 76 countries and jurisdictions to…
With effect from 1st January 2018, a revision of Swiss VAT Laws will trigger some significant changes for foreign businesses operating in Switzerland and Liechtenstein. Most notably the now existing VAT-Threshold of 100,000 CHF will remain in place, however, as to…
Swiss voters have rejected a plan to reform the country’s corporate tax system, sending the government back to the drawing board. Business and political circles in Switzerland had supported the plan, which was designed to prevent taxes rising sharply for foreign…