OECD/G20 Project on the Taxation of the Digitalized Economy
The OECD project still faces an uncertain future. Technical differences of opinion on Pillar 1 should soon be resolved and Pillar 2 is already being implemented by most European countries, but not by major economies such as the USA, China, Brazil or India. The minimum tax is therefore currently more of a European project. China is rumoured to be considering the introduction of a supplementary tax and the election of Donald Trump could increase resistance in the USA and influence other countries. Switzerland must constantly monitor international developments and promote a balanced competitive environment and instruments to promote the attractiveness of Switzerland as a business location.
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Contact
Martin Hess
Head Tax Policy, Member of the Executive Committee
+41 31 356 68 61
martin.hess@swissholdings.ch