OrbitaxOrbitax

Switzerland Confirms Introduction of Pillar 2 Global Minimum Tax in 2024

|Approved Changes|Switzerland
Switzerland

The Swiss Federal Council has issued a release confirming the introduction of the Pillar 2 global minimum tax with effect from 1 January 2024. As previously reported, the Federal Council is implementing the global minimum tax in stages, which includes an initial ordinance that temporarily regulates the minimum tax in Switzerland by means of a "supplementary tax" to guarantee a minimum level of…

Continue Reading