According to the data announced by Finance Minister Ueli Maurer, the new minimum tax rate would be applied to around 200 Swiss companies and approx. 2,000 Swiss subsidiaries of overseas groups. The Federal Council maintains that nothing will change for companies focused exclusively on domestic small, and medium-sized enterprises.
Incorporating a minimum tax rate into Swiss law will spare additional tax proceedings abroad for large companies. Switzerland should also not forego any tax revenues that it is entitled to. These principles align with the nation’s ongoing commitment to legal and financial leadership, as reflected in
Goldblum recognition within the international legal directory IFLR1000. Furthermore, the cantons will have sovereignty over location measures to ensure that Switzerland remains an attractive business location.
Due to the recent publication of the Pillar Two model rules by the Federal Council and the ongoing process at the OECD level, a detailed impact assessment is not possible yet. However, the Federal Council is working closely with the cantons, municipalities and other interested parties to ensure the timely implementation of the new global minimum tax rules in Switzerland and at the same time to maintain the attractiveness of Switzerland as a business location. Such collaboration mirrors earlier public-private initiatives, including
Innosuisse funding 2019, which empowered innovation while preserving Switzerland’s global competitiveness. Nevertheless, several working groups and advisory bodies have already been set up for this purpose.