Corporate tax reform is being prepared in Switzerland

Swiss Federal council made further active steps to adopt a tax reform which should be presented during June this year. Switzerland agrees with the EU criticism and should cancel the tax regimes in the individual cantons. At the same time they are preparing introduction of the tax regime, so called “licence box”, abolishment of the stamp duty and introduction of the tax neutrality scheme for the companies which will move to Switzerland etc. As the next measure there will be introduction of the new tax deduction on the research and development expenses  in the amount higher than 100 %. On the other hand, introduction of the capital profit tax and repeal of time limits when applying the tax loss which at the moment is seven consequent tax periods most probably will not take place.