Corporate Tax Reform

Tax Proposal 17 – Start of consultation procedure

On 6 September, the Federal Council submitted a recommendation for the Tax Proposal 17 for consultation. Stefan Kuhn offers an overview and critical look at the relevant content of the proposed reform.
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Tax Proposal 17 – forced slow down for Vaud

The Vaud authorities thought they had passed the hardest hurdle with the acceptance by their residents of a reduction of the profit tax rate to 13.79%. However, the uncertainty caused by the refusal of the Swiss Corporate Tax Reform III (CTR III) on 12 February 2017 continues to rule.
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Tax Proposal 17 – cornerstones for implementation in the Canton of Zug

After the steering body comprised of federal and cantonal representatives has adopted recommendations on a balanced tax proposal 17 for the attention of the Federal Council, the Canton of Zug has confirmed the cornerstones for the cantonal implementation of TP17.
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Tax Proposal 17 – Switzerland presents its parameters

Subsequent to the Swiss electorate’s rejection of the Swiss Corporate Tax Reform III on 12 February 2017, the Swiss Federation will soon be presenting a new tax reform. On 9 June 2017, Federal Councilor Ueli Maurer informed the public about the parameters of the new Tax Proposal 17, a reform which is largely based on the Swiss Corporate Tax Reform III.
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Stagnating tax rates

As revealed in KPMG’s Swiss Tax Report 2017, no noteworthy shifts in tax rates were discernible for the past year as a whole. Following some minor cuts in 2016, indications this year are pointing to yet another unmistakable trend toward stagnating regular corporate tax rates. The circumstances regarding individual tax rates are similar.
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BEPS and the “No” to the Swiss Corporate Tax Reform III

The Swiss people voted “No” on the proposed Corporate Tax Reform III on 12 February 2017. What does this mean for Switzerland’s position on and implementation of BEPS? Generally speaking, there is very little or no direct impact, and in particular Action 13 with CbCR is not affected at all.
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