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.
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.
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.