Tag Archives: Company tax rates Switzerland

On 12 January 2022, the Federal Council decided to implement the minimum tax rate for companies that was agreed by the OECD and G20 member states last year. The 15% minimum tax rate is to come into force on 1 January 2024. © Marekusz | Dreamstime.comThe new minimum 15% tax rate, which will apply to multinational companies with turnover of more than EUR 750 million, was agreed by 137 countries. Under the agreement, if a country maintains lower tax rates then other countries can impose an...

© Brad Calkins | Dreamstime.com Historically, Switzerland has offered certain foreign companies special preferential tax deals in order to attract them. In response to international pressure, the current system is to be phased out replacing preferential tax rates with lower universal ones in the hope that these companies will stay. The central challenge is how to cover the tax revenue lost when companies taxed at the...

Historically, Switzerland has offered certain foreign companies special preferential tax deals in order to attract them. © Brad Calkins | Dreamstime.com In response to international pressure, the current system is to be phased out replacing preferential tax rates with lower universal ones in the hope that these companies will stay. The central challenge is how to cover the tax revenue lost when companies taxed at the main rate switch to new lower universal tax rates. The federal government...