Swiss tax reforms: The best of both worlds

Author: | Published: 8 Jul 2019

Prager Dreifuss lawyers Roland Böhi and Manuel Vogler explain how Swiss authorities are updating tax laws to balance a competitive regime with international standards

Background to the revised tax reform Swiss corporate tax reforms I and II In the first iteration of its corporate tax overhaul (CTR I), Switzerland introduced various measures to improve its reputation as an attractive jurisdiction for corporate tax. Included in the CTR I were measures such as a comprehensive exemption for participation income and participation profits of holding, mixed, and principal companies and finance branches (status privilege). These measures resulted in a substantial or complete exemption from income tax on the cantonal and communal levels for status privilege companies....