November 2018
Swiss Corporate Tax Reform (TRAF)
On 28 September 2018, the Swiss Federal Parliament adopted the tax reform known as Tax Proposal 17 (TP 17) or Federal Act on Tax Reform and AHV Financing (TRAF). Amongst others, the aim of this tax reform is to guarantee the international acceptance of Swiss corporate taxation and thus the tax reform includes the abolition of cantonal tax privileges for holding, domicile and mixed companies. However, the tax reform also contains various measures, which ensure the tax attractiveness of Switzerland as a business location.
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