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
Switzerland is removed from the EU tax grey list
Modern families in Switzerland
Building a family as an LGBTI+ parent takes planning.
A decade later…the protocol of amendment to the double taxation agreement between Switzerland and the United States is finally entering into force
The protocol of amendment to the double taxation agreement between Switzerland and the United States is finally entering into force.