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.
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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