On 20 March 2020, the Federal Council of Switzerland has approved several tax measures to mitigate the economic impact of COVID-19 outbreak, as follows:
- Enterprises are allowed to postpone tax, VAT, certain customs duties and special consumption tax payments without delayed interest during the period 21 March to 31 December 2020; and
- Delayed interest will not apply for federal corporate income tax from 1 March to 31 December 2020.