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Swiss BEPS 2.0 Pillar Two implementation – Switzerland to apply QDMTT beginning 1 January 2024; IIR and UTPR delayed

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Switzerland

  • The Swiss Federal Council has declared the entry into force of the Swiss implementation of the OECD BEPS 2.0 Project's Pillar Two rules beginning 1 January 2024.
  • The Federal Council may later update and improve the Pillar Two ordinance and must now propose a draft law on Pillar Two to the Swiss Parliament within six years.
 

On 22 December 2023, the Swiss Federal Council officially declared the …

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