After in February 2016 the Economic Committee of the National Council (WAK-N) had set the parameters for Corporate Tax Reform III, on 16/17 March 2016 the National Council (NC) discussed the bill.
The matters resolved by the NC are predominantly identical with the positions taken by the National Council Committee (refer to our News Alert with the results of the WAK-N here).
Decisions of the National Council
Read the decisions of the National Council on the Federal Law on fiscal measures to strengthen the competitiveness of the business location Switzerland ( short Corporate Tax Reform III ) in our current newsletter.
The next steps
The reform package now goes back to the Council of States, which will deliberate on the remaining differences in the summer session. If significant differences were to remain between the two councils, the reform would again be passed to the National Council for further reconcilement in the autumn session. Otherwise the final vote could be held already in summer. Provided that a referendum were not called against it, the CTR III could in that case come into force as early as 2017 and the required implementation in the cantons as early as 2019.
If you have questions, please contact your usual PwC contact person or one of PwC Switzerland´s experts in CTR III named below.
Leader Tax & Legal Services Schweiz
Tel. +41 58 792 44 72
Leader Corporate Tax Schweiz
Tel. +41 58 792 43 43
Leader Transfer Pricing and Value Chain Transformation
+41 58 792 43 34
Leader Tax & Legal Romandie
+41 58 792 81 23
Tax & Legal Romandie
+41 58 792 83 17
Tax & Legal
+41 58 792 68 69
+41 58 792 59 38