Switzerland is attempting to legislate the Swiss Tax Proposal 17 under a new guise after the previous proposal was rejected in a referendum. The government wants to strengthen the country’s competitiveness and clean up its tax haven reputation through a new patent box, R&D incentives and cantonal corporate tax rates between 12% and 14%.
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
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