We are very happy to report that today, 19 May 2019, the Swiss and Geneva voters, by a large majority, accepted the 2020 Swiss federal and Geneva cantonal corporate tax reforms. As we will explain in detail below, this very positive result from today’s referendums means that, as of 2020, Switzerland will, on the one hand, abolish its criticized (mainly) cantonal special tax regimes and, on the other hand, establish generally applicable reduced and attractive corporate income tax rates in addition to which some new special regimes are introduced, while meeting the latest international standards and requirements.
Please see our attached Newsletter of today for all details about the 2020 Corporate Tax Reform.
We’re very much back in business and look forward to assisting you with your existing or new Swiss corporate ventures!