Switzerland Selected Issues
Download Switzerland Selected Issues PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Switzerland Selected Issues book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages.
Switzerland: Selected Issues
Author: International Monetary
language: en
Publisher: International Monetary Fund
Release Date: 2022-06-20
Switzerland: Selected Issues
Switzerland
Author: International Monetary Fund. European Dept.
language: en
Publisher: International Monetary Fund
Release Date: 2018-06-18
This Selected Issues paper analyzes key features of corporate taxation in Switzerland. The Swiss corporate tax system includes many aspects of a territorial regime; is highly attractive for multinational companies; and collects non-negligible revenues, but the status quo is not sustainable. The proposed reform would eliminate differences in the tax treatment of foreign and Swiss sourced income. Further, cantons are expected to lower their corporate income tax (CIT) rates, bringing the combined (municipal, cantonal, and federal) tax rate (averaged across cantons) to about 13.9 percent. Costs of lowering the CIT rates would be unequally distributed across cantons, and would be costlier for cantons with a large immobile CIT base.