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Swiss tax revenues get bump from OECD minimum tax rate

Tax revenues generated by the OECD minimum tax rate for large corporations, which has been in force since 2024, have risen significantly. However, according to an analysis by consulting firm Deloitte, these revenues are likely to fall short of the federal government’s expectations in the coming years. +Get the most important news from Switzerland in your inbox According to the analysis published on Thursday, the 50 largest listed corporations in Switzerland would pay around CHF564 million ($718 million) in supplementary taxes at home and abroad for the year 2025. Compared to 2024, this represents an increase of 132%, as shown by Deloitte’s analysis of annual reports. The tax applies to companies with a turnover of more than CHF750 million. Profits are taxed at 15%. The new rules were introduced in Switzerland at the start of 2024, after the Swiss population approved them by a large majority in a referendum in mid-2023. However, experts consider it unlikely that the additional ... Full story here Are you the author?
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