Swiss corporate tax rate still attractive but can vary by canton
The canton of Zug near Zurich offers the most favourable tax rate.
Keystone / Alessandro Della Bella
Companies based in Switzerland continue to benefit from a competitive tax rate in comparison with the rest of Europe. However, regional variations remain significant.
This content was published on
1 minute
Keystone-SDA/ac
Italiano
it
La Svizzera sempre fiscalmente attrattiva per le aziende
The canton of Zug, which has a corporate tax rate of only 11.85%, offers the most attractive tax rate in the country. It is followed by cantons Nidwalden (11.97%) and Lucerne (12.2%), according to a study published on Monday by the auditing and consulting firm PwC.
At the bottom of the table are cantons Bern (21.04%), Zurich (19.65%) and Ticino (19.16%). In a European comparison, the most attractive of the Swiss cantons in terms of company taxation (Zug) ranks just behind Bulgaria (10%) and Hungary (9%). Bern is in the middle of the ranking, ahead of Denmark and Greece (both 22%) and Italy (24%).
Last year Switzerland agreed to implement from 2024 the minimum tax rate of 15% for companies with a turnover of more than €750 million (CHF786 million). The measure was first introduced by the Organisation for Economic Co-operation and Development (OECD) and G20 member states to pressure tax havens.
University students in Switzerland join Gaza protest wave
This content was published on
Pro-Palestinian activists occupied university buildings in Lausanne, Geneva and Zurich on Tuesday, widening the protest movement in the Alpine nation.
TradeXBank to resume full operations after Sberbank Switzerland taken off sanctions list
This content was published on
TradeXBank, the former Swiss branch of Russia’s Sberbank, will be able to resume its dollar-denominated activities from the second half of this year.
Geneva decides not to remove controversial memorials
This content was published on
The city of Geneva has presented an action plan regarding a series of controversial local statues and monuments of historical figures linked to racism, colonialism or slavery.
University of Lausanne calls for end to pro-Palestine sit-in
This content was published on
The pro-Palestinian occupation continues at the University of Lausanne (UNIL). On Monday evening, a group of students refused to agree to the deadline set by the rectorate.
Ukraine peace conference should include Russia, says Chinese ambassador
This content was published on
China supports a peace conference on the Ukraine war that would see equal participation of all parties, says Chinese Ambassador to Russia Zhang Hanhui.
This content was published on
A majority of Swiss citizens have open attitudes towards various infertility treatments, including even egg donation, which is currently prohibited.
Reports of Swiss cyber fraud almost doubled in six months
This content was published on
The head of the new Federal Office for Cybersecurity (FOC), Florian Schütz, has presented a new strategy after just over four months in office.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Switzerland will apply minimum tax – with or without the US
This content was published on
If Swiss voters approve the minimum tax reform in June, the government will implement it even if the United States does not, says finance minister.
Switzerland plans subsidies to offset G7 corporate tax plan
This content was published on
Swiss-based multinationals will receive subsidies and other incentives under plans Switzerland is drawing up to maintain its competitive tax rates.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.