Swiss Corporate Tax Reform – What Will Change…

Yesterday, a key corporate tax reform was accepted by popular vote in Switzerland (and in Canton Geneva).

It creates a business-friendly tax environment for both international and local companies. It is based on attractive, modern, steady and internationally well accepted tax tools, and... lower tax rates!

Here is a foretaste of the major changes from 2020:  

• New corporate tax rates: Geneva: 13.99%  (Vaud already adopted 13.79% from 2019)
• “Patent box”
• Research & development incentives (up to 150% “super-deduction”)
• Notional interest

Old special tax regimes are abolished, which means peace with EU and OECD!