Tag Archives: Tax reform Geneva

© Rosshelen | Dreamstime.com An initiative entitled: zero losses, was filed this week in Geneva. It aims to ring fence current public spending in the face of future company tax reform. The initiative gathered 9,147 signatures, more than the 7,840 required. Under pressure from the OECD and the EU, Switzerland is being forced to make major changes to its tax system. Currently, some multinationals benefit from special...

An initiative entitled: zero losses, was filed this week in Geneva. It aims to ring fence current public spending in the face of future company tax reform. The initiative gathered 9,147 signatures, more than the 7,840 required. © Rosshelen | Dreamstime.com Under pressure from the OECD and the EU, Switzerland is being forced to make major changes to its tax system. Currently, some multinationals benefit from special low-rate tax deals, while most other companies pay a higher standard rate. The...