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

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

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

Death, taxes and Deloitte hoovering up trophies at an ITR awards night. Isn’t that the saying?
AI, pillar two and joint audits could define the next era of tax controversy, says Baker McKenzie tax partner Ariane Calloud
Gregor McMillan of Howden explains how insurance-backed financing can help businesses and funds unlock liquidity from tax receivables and other contingent claims
The arrival of Alex Anderson swiftly follows that of funds tax specialist Stuart Alter and suggests the Tier 3-ranked firm has higher ambitions
One of the two appointments is EY’s Gordon McIntosh, who becomes the big four firm’s second senior tax departure in September
Balson's move from a Tier 1 practice to a Tier 3 competitor looks counterintuitive. The market data suggests it is anything but
Awards
It was another banner year for Deloitte, which picked up more awards than any other firm at a gala ceremony held at The Londoner in Leicester Square
The big four firm has been embroiled in a scandal over partners’ misuse of confidential board papers to pitch for and win corporate audits for Westpac and Dexus
Drawing on lessons from the PepsiCo case, tax lawyer Paul McNab explains why the ATO's latest royalty guidance should concern multinationals well beyond the technology sector
As pillar two exposes the limits of fragmented tax processes, organisations are rethinking their operating models to create the trusted data foundations that AI demands
Gift this article