The Swiss Federal Council announced that it has set the parameters for the dispatch on the country’s tax reform proposal (tax proposal 17) on 31st January 2018.
The Federal Council’s parameters that will be contained in the dispatch on tax proposal 17 (TP17) are closely aligned with the consultation draft. The most significant difference is that the Federal Council wants to raise the cantons’ share of direct federal tax from 17% to 21.2%, instead of 20.5%.
Dividends from qualified participation should be taxed at 70% at federal level and at 70% at least at cantonal level. The relief restriction should be set at 70%.
