May 20 2019

Corporate Tax Reform approved

Source: IBFD Tax Research Platform News

On 19 May 2019, the Swiss voters approved the Corporate Tax Reform (Tax Proposal 17) with a majority of 66.4%. The reform contains, among other measures, the abolition of the arrangements for cantonal status companies. The bill is expected to come into force on 1 January 2020. For further details of Tax Proposal 17, see https://www.diacrongroup.com/en/tax-news/federal-parliament-adopts-corporate-tax-reform-17/