Proposed changes to the canton of Geneva’s Corporate Income Tax rate
On 17 October 2018, the Geneva Council of State announced a proposal that the new Corporate Income Tax rate should be reduced to 13.79%. The draft law has now to be submitted for approval by the Grand Council of Geneva in January 2019.
A potential vote on the Cantonal Act is planned for 19 May 2019 together with the Federal Act on Tax Reform. If approved the new Corporate Income Tax rate will enter into force on 1 January 2020. At this date, the Swiss tax regimes for Holding, Domicile and Mixed companies should be abolished.
News & Insights
Working abroad: unintended consequences
Discovering the implications of working abroad in relation to employment, tax, financial regulations and immigration,
Compensating for past errors – HMRC’s retrospective change in approach to VAT on compensation
Reviewing the new approach what HMRC will apply to most payments that have been made in the past and all new payments made in future.
Charles Russell Speechlys shortlisted for Best EIS/SEIS Legal/Regulatory Adviser at 2020 EISA Awards
The Awards recognise excellence among EIS and SEIS practitioners over the 2019/2020 tax year.
Transfer of a property in Switzerland on the death of the owner abroad
The steps to take abroad and in Switzerland to enable the heirs to whom the property is vested to transfer it in their favour, to sell it.