On 31 January 2019, the Grand Council of Geneva adopted the cantonal project for the implementation of the Federal Act on Tax Reform and AVS Financing (TRAF). It introduces minor changes compared to the initial project and confirms the massive decrease of the corporate income tax rate to 13.99%.
On 10 February 2019, the Basel-Stadt electorate voted by a large majority of 78.8% to adopt the "Basel compromise on tax proposal 17". The canton is proactively implementing the harmonization provisions of the Federal Act on Tax Reform and AHV Financing (TRAF).
On 19 May 2019, the Swiss public will vote on the Federal Act on Tax Reform and AHV Financing (TRAF). By 17 January 2019, various referendum committees have submitted more than the necessary 50,000 signatures against the law.