Switzerland: Swiss Tax Reform Proposal 17 on track as first round of hearings are completed

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Switzerland: Swiss Tax Reform Proposal 17 on track as first round of hearings are completed

intl-updates-small.jpg
stocker.jpg
kistler.jpg

Raoul Stocker

Jacques Kistler

The Swiss Federal Department of Finance (SFDF) said on April 10 2017 that the designated Steering Committee of the Swiss Federation and the cantons has successfully concluded the first round of hearings with representatives of the Swiss business community, political parties, and the cities and municipalities, in regard to the so-called Tax Reform Proposal 17, which is replacing Corporate Tax Reform III that was rejected by the Swiss electorate in its proposed form.

Broad support for Tax Reform Proposal 17

Tax Reform Proposal 17 enjoys broad support among the various stakeholders. According to the SFDF, the hearings took place in an objective and constructive manner. The need for a comprehensive corporate tax reform is undisputed and there is common ground in regard to the objectives of the Tax Reform Proposal 17, namely to restore international acceptance of the Swiss corporate tax law and to maintain the attractiveness of Switzerland internationally as a business location, while at the same time securing adequate tax revenues at the federal, cantonal and communal levels.

Stakeholders aim for the reform to enter into force as soon as possible

According to the statement of the SFDF, the hearings confirmed the high expectations for Tax Reform Proposal 17. In the interest of legal certainty it is the clear desire of all stakeholders that the reform should enter into force as soon as possible. At its meeting on April 7 2017, the Steering Committee reaffirmed that the Swiss Federation and the cantons should ensure the greatest possible transparency in regard to the legislative process and the financial implications of the proposed tax reform and that cities and municipalities are to be closely involved in the process.

Next steps

The Steering Committee under the lead of the Swiss finance minister, which is tasked with submitting the tax reform proposal to the Swiss Federal Council, is evaluating the findings from the hearings and re-approaching the cities and municipalities in a second round of hearings. It is further expected that the Swiss Federal Council will then determine the basic parameters of the Swiss Tax Reform 17 and decide on the further procedure and timeline in the course of June 2017.

Raoul Stocker (rstocker@deloitte.ch) and Jacques Kistler (jkistler@deloitte.ch)

Deloitte

Tel: +41 58 279 6271 and +41 58 279 8164

Website: www.deloitte.ch

more across site & shared bottom lb ros

More from across our site

Levine, who served under the Joe Biden administration, led the US’s negotiations on the OECD’s two-pillar solution
The deal to acquire ITR's parent company is expected to complete by the end of May 2025
JBS, the biggest meat company in the world, allegedly used Luxembourgian ‘mailbox companies’ to avoid taxes between 2019 and 2022
Despite the conviction of Jessa Dabalos, the Tax Practitioners’ Board’s investigative work continues with five outstanding PwC scandal probes
Heads of tax need to push their teams forward as strategic business advisers to add value across their organisations, says Sandy Markwick
Scott Bessent reportedly felt undermined by Musk naming Gary Shapley as acting IRS commissioner; in other news, Baker Tilly will combine with a top 15 US firm
The promise of nine years’ tax certainty and a ‘rational and pragmatic’ government process makes APAs a no-brainer, Indian tax advisers tell ITR
Despite garnering significant revenues from multinationals, Italy’s digital services tax presents pressing double taxation issues, say Stefano Simontacchi and Francesco Saverio Scandone of BonelliErede
ITR’s research shows that in-house tax counsel in Asia also feel underserved by their advisers’ international networks
World Tax global head of research Jon Moore tells ITR how his team spots standout submissions, and gives early statistical insights into this year’s entries
Gift this article