The impact of Swiss Corporate Tax Reform III (CTR III)

This post is also available in: French German

Position paper of PwC Switzerland

Background

CTR III is a consequence of the tax dispute between Switzerland and the EU and a response to the internationalisation of tax competition. In the face of increasing pressure, Switzerland relented and reached an agreement with the EU, under which it must align its corporate taxation with international standards. Specifically, this involves the equal treatment of foreign and domestic income, the abolition of tax benefits for certain types of companies and the reconsideration of tax reliefs.

Objectives

With CTR III, the Swiss Federal Council has laid the foundations for Switzerland as an attractive business location. The new system is intended to strengthen Switzerland’s position as a competitive tax location and a reliable partner for domestic and international groups and Swiss SMEs. This should help to create and maintain attractive jobs and to consolidate the prosperity of Swiss society. In addition, the system seeks compliance with international standards and the safeguarding of a balanced corporate tax base.

Read more in our position paper.

If you have any further questions please contact:

Andreas Staubli
Partner, Leader Tax & Legal
andreas.staubli@ch.pwc.com
+41 58 792 44 72
Armin Marti
Partner, Leader Corporate Tax
armin.marti@ch.pwc.com
+41 58 792 43 43
Laurenz Schneider
Director Corporate Tax
laurenz.schneider@ch.pwc.com
+41 58 792 59 38
Claude-Alain Barke
Partner Tax & Legal Romandie
claude-alain.barke@ch.pwc.com
+41 58 792 83 17
Remo Küttel
Director Tax & Legal
remo.kuettel@ch.pwc.com
+41 58 792 68 69
Gil Walser
Senior Manager Tax & Legal Romandie
gil.walser@ch.pwc.com
+41 58 792 67 81
Benjamin Koch
Partner, Leader Transfer Pricing and
Value Chain Transformation
benjamin.koch@ch.pwc.com
+41 58 792 43 34

Published by

Andreas Staubli

Andreas Staubli
PwC
Birchstrasse 160
Postfach, 8050 Zürich
+41 58 792 44 72

Andreas Staubli is the Managing Partner of Tax & Legal Services Switzerland. He graduated at the University of St. Gallen in Business Administration, Economics, Law and Social Sciences (lic.oec. HSG), majoring in Accounting and Finance. Additionally, he is a Swiss Certified Tax Expert.

Andreas Staubli has over 22 years experience in domestic and international corporate structuring, mergers and acquisition, financial services taxation, tax strategy & tax management, tax accounting and worldwide compliance engagements. He advises Swiss and international companies.