The pace of international developments remains high. SwissHoldings continuously asses how Switzerland best positions itself to keep on being attractive and to continue earning large corporate tax revenues.
SwissHoldings is advocating beneficial tax conditions for cross-border investments and trade activities. This requires numerous attractive double tax treaties and a competitive, internationally accepted corporate tax system. The ETR III and the cantonal corporate tax reductions will prove decisive to maintain competitive tax conditions for the research and industry location Switzerland.
- The US tax reform could have considerable influence on Swiss economy. If possible, Tax Proposal 17 should already include the necessary amendments to preserve Switzerland’s competitiveness.
- Tax Proposal 17 provides the opportunity for Switzerland to be among the winners of the new post-BEPS-world. This, however, requires a fast adoption of a competitive package.
- Tax Proposal 17 should orient itself towards ETR III. However, concessions are indispensable compared with the law proposal rejected by the Swiss voters.
- Switzerland needs to implement international standards of the BEPS project timely and as required.
All necessary efforts need to be made that Switzerland remains a top location for tax purposes.