Corporate Tax Reform Act III (12.02.2017)

29.11.2016 - The reduced taxation of holding, domiciliary and mixed companies should be abolished with the third series of corporate tax reforms. This reduced taxation is no longer in line with international standards. To prevent a loss of competitiveness for Switzerland, internationally accepted tax relief measures are to be introduced. In doing so, the focus will be on the promotion of innovations. The Confederation will also share the burden of the profit tax reductions envisaged by the cantons. It is thus planned to increase the cantons' share of direct federal tax from the current level of 17% to 21.2%.

A referendum will be held on the reform. Opponents expect high tax receipt shortfalls. They fear that the population will be required to pay for these shortfalls.

Vote dossier

Fact sheet

Further information

Federal Council for adoption of third series of corporate tax reforms

In the media conference of 27 October 2016, Federal Councillor Ueli Maurer outlined the Federal Council's arguments in favour of adopting the third series of corporate tax reforms. The reform ensures Switzerland's appeal as a business location.

Media conference of 27 October 2016
https://www.efd.admin.ch/content/efd/en/home/dokumentation/legislation/abstimmungen/third-series-of-corporate-tax-reforms--ctr-iii-.html