What is the corporation tax rate in Switzerland?

8.5%
Switzerland levies a direct federal CIT at a flat rate of 8.5% on profit after tax. Accordingly, CIT is deductible for tax purposes and reduces the applicable tax base (i.e. taxable income), resulting in a direct federal CIT rate on profit before tax of approximately 7.83%.

What is the income tax rate in Switzerland?

percent

Which Swiss canton has lowest taxes?

Canton of Zug
The Canton of Zug applies the lowest income tax rate at around 22.4%, followed by Appenzell-Innerrhoden (24.1%), Obwalden (24.3%) and other cantons of Central Switzerland.

Do foreigners pay more tax in Switzerland?

Taxes generally tend to be lower than in much of Europe. Swiss citizens and foreigners with a C permit do not have taxes automatically withheld from their pay checks and must complete a tax declaration form each year. The amount due is based on the amount earned as well as assets.

Who are the KPMG tax professionals in Switzerland?

KPMG’s tax professionals are keenly observing the developments in Switzerland as well as in the eU, oeCd and G20. Please contact us for more insights and advice on any tax matters. Peter Uebelhart Welcome Clarity onSwiss Taxes 3 4 5 Corporate taxation SwiSS Tax RePoRT 2017 Corporate income tax

Which is the best tax table for KPMG?

KPMG’s corporate tax table provides a view of corporate tax rates around the world. KPMG’s corporate tax table provides a view of corporate tax rates around the world. KPMG’s corporate tax table provides a view of corporate tax rates around the world. tax rates tool test page Corporate tax rates table – KPMG Global close Share with your friends

What is the effective tax rate in Geneva?

Geneva Cantons with a corporate income tax rate below the Swiss average (17.77%) Figures in percent Cantons with a corporate income tax rate above the Swiss average (17.77%) Note: max. effective rate on pre-tax profits for federal/cantonal/municipal taxes in the respective cantonal capital.

What are the corporate tax rates in Switzerland?

Corporate income tax rates in the cantons – 2016 and 2017 the cantons of central Switzerland continue to lead the tax league. the majority of cantons did not make any changes to their ordinary tax rates.