Tag Archives: Company tax Switzerland

On 28 June 2023, parliament agreed to extend the loss offsetting period for Swiss companies. Photo by Pixabay on Pexels.comIn Switzerland, any losses made by companies can be offset against future profits for a limited period of time. Currently, the period is seven years. This week parliament agreed to extend this period to 10 years. Any losses generated in 2020 or later would qualify under the new 10-year carry forward rule. The change will help companies that suffered losses during...

On 18 June 2023, Swiss voters will choose whether to accept the government’s plan to raise company tax rates to a minimum of 15%. © Filmfoto | Dreamstime.comThe minimum 15% tax, which will apply to any company with annual revenues of Euro 750 million or more, has essentially been forced on Switzerland by the OECD as part of its plan to reduce global tax competition. Nations with low tax rates are able to increase their tax bases by attracting foreign companies. But a tax base boost in...