Swiss News

Zug fiscal reform 2017

On the 1st of June, the Federal Steering Committee announced its proposals for a new tax regulation 2017, i.e. the Swiss corporate tax reform, that will implement a standard corporate tax rate of approximately 12 percent, without any significant financial losses for the canton of Zug, municipalities, companies and private individuals so that the tax burden will not be shifted to private tax payers. This aims to make Switzerland’s tax system acceptable again on an international level and to revoke the tax privileges granted to certain internationally operating companies.