The legislative roadmap released by the Vaud Council of State on 1 November 2017 confirms a substantially reduced corporate tax rate of 13.79% in the canton of Vaud as of 1 January 2019, irrespective of the Federal Tax Proposal 17 currently under way.
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.
The Corporate Tax Reform III aims at maintaining Switzerland’s attractiveness for international headquarters. In the course of this tax reform, the Government of the Canton of Vaud, home to many multinationals’ international global or regional headquarters, published its roadmap on 4 April 2015.