Switzerland: Corporate tax rate reduction approved | KPMG | GLOBAL

Switzerland: Voters approve corporate tax rate reduction, canton of Vaud

Switzerland: Corporate tax rate reduction approved

Voters in the canton of Vaud on 20 March 2016 voted (more than 87%) in favor of a reduction to the corporate profit tax rate applicable for companies established in the canton of Vaud.


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The “Vaud Corporate Tax Reform III” would reduce the corporate tax rate, currently at 22.33%, to 13.79%. The rate reduction is expected to be effective by 2019. 


Read a March 2016 blog article posted by the KPMG member firm in Switzerland: CTR III in Vaud: Massive validation of a reduction of the profit tax rate to 13.79%

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