Swiss Corporate Tax Reform III

Swiss Corporate Tax Reform III

Bratschi Wiederkehr & Buob

In Switzerland, the final bill of the Corporate Tax Reform III has passed Parliament in June and is expected to become law - after a referendum - on January 1, 2019. It is the most sweeping change in the area of corporate taxation for decades. Essentially, it will abolish the time honored Swiss privileged tax regimes whilst at the same time enhancing the attractiveness of Switzerland as a business location. The highlights are (i) a reduction of the cantonal corporate tax rates, (ii) a notional interest deduction on surplus equity, (iii) a IP box and (iv) increased R&D deductions.