The Company offers audit, tax, and advisory services. KPMG International Cooperative serves customers worldwide. SECTOR. Consumer Discretionary 2012 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the under the Korean tax law, the treatment of zero-rate VAT and. 4 Apr 2019 On 19 May 2019, the Swiss public will vote on the Federal Act on Tax Reform and The second is application of a special tax rate (special tax rate solution). Tax, Zurich and Lugano, sleonardi@kpmg.com, +41 58 249 32 49 8 Nov 2012 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG member firms affiliated with KPMG International Cooperative (“ KPMG International”), a Swiss entity. based on 2012 tax rates. 23 Aug 2015 According to KPMG's "Clarity on Swiss Taxes", the downward trend in top corporate tax rates have continued to level off even further: on 12 Mar 2013 When investors in Swiss real estate set up a tax-efficient investment vehicle, they in the future, says Reiner Denner and Christoph Frey of KPMG. The applicable effective income tax rate for companies varies from 12.2% The effective income tax rate for holding companies is approximately 7.8 percent and for mixed companies approximately 8.5 - 11.7 percent. The capital tax rates for holding and mixed companies is approximately 0.001 - 0.05 percent. It should be noted that in May 19, 2019, the Swiss public will vote on the Federal Act of the Swiss Tax Reform.
Cantons with a corporate income tax rate below the Swiss average (17.71%) Figures in percent Cantons with a corporate income tax rate above the Swiss average (17.71%) Note: max. effective rate on pre-tax profits for federal/cantonal/municipal taxes in the respective cantonal capital. Corporate income tax figures for AI, BL, BE, GE, GL,
2012 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the under the Korean tax law, the treatment of zero-rate VAT and. 4 Apr 2019 On 19 May 2019, the Swiss public will vote on the Federal Act on Tax Reform and The second is application of a special tax rate (special tax rate solution). Tax, Zurich and Lugano, sleonardi@kpmg.com, +41 58 249 32 49 8 Nov 2012 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG member firms affiliated with KPMG International Cooperative (“ KPMG International”), a Swiss entity. based on 2012 tax rates. 23 Aug 2015 According to KPMG's "Clarity on Swiss Taxes", the downward trend in top corporate tax rates have continued to level off even further: on 12 Mar 2013 When investors in Swiss real estate set up a tax-efficient investment vehicle, they in the future, says Reiner Denner and Christoph Frey of KPMG. The applicable effective income tax rate for companies varies from 12.2% The effective income tax rate for holding companies is approximately 7.8 percent and for mixed companies approximately 8.5 - 11.7 percent. The capital tax rates for holding and mixed companies is approximately 0.001 - 0.05 percent. It should be noted that in May 19, 2019, the Swiss public will vote on the Federal Act of the Swiss Tax Reform.
As a general rule, the overall approximate range of the maximum CIT rate on profit before tax for federal, cantonal, and communal taxes is between 11.4% and 24.2% (as of 1 January 2020: between 11.9% and 21.6%), depending on the company’s location of corporate residence in Switzerland.
2012 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the under the Korean tax law, the treatment of zero-rate VAT and. 4 Apr 2019 On 19 May 2019, the Swiss public will vote on the Federal Act on Tax Reform and The second is application of a special tax rate (special tax rate solution). Tax, Zurich and Lugano, sleonardi@kpmg.com, +41 58 249 32 49
federal income tax rate on nondividend income is 7.8%. The Swiss parliament has approved legislation (that also may potentially be subject to a public referendum) that would abolish the holding company regime from 2020, although investment income would continue to benefit from a participation exemption regime.
Cantons with a corporate income tax rate above the Swiss average (17.77%) Note: max. effective rate on pre-tax profits for federal/cantonal/municipal taxes in the respective cantonal capital. SFTA Circular – Interest Rates February 2020 The Swiss Federal Tax Administration (SFTA) has published the annually renewed circular letter concerning loans to and from shareholders and related parties with effect from 1 January SFTA Circular Interest Rates 2020 Author: KPMG Switzerland Tax rate applicable to nontreaty resident fund (Assumed to be a Cayman Islands Limited Company) Has country concluded a bilateral income tax treaty with the United States? Reduced tax rate applicable to eligible U.S. tax resident investor Notes Gains Exempt No N/A Dividends Exempt N/A Interest Exempt N/A Antigua and Barbuda Type of income Tax A 7% withholding tax rate should apply for distributions on profits accrued from January 1, 2018 through December 31, 2019, and a 13% withholding tax rate from January 1, 2020 onward. If the distribution is made from earnings that have not been previously subject to Argentine corporate income tax, a 35% "equalization" tax should be applied. Interest survey of its members found that roughly a quarter expect to pay a rate more than 15% higher than today as a result of the changes, while about half foresee a 5% to 15% rise in their tax bill. The Personal Income Tax Rate in Switzerland stands at 40 percent. Personal Income Tax Rate in Switzerland averaged 40.09 percent from 2004 until 2020, reaching an all time high of 40.40 percent in 2005 and a record low of 40 percent in 2008. This page provides - Switzerland Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
12 Mar 2013 When investors in Swiss real estate set up a tax-efficient investment vehicle, they in the future, says Reiner Denner and Christoph Frey of KPMG. The applicable effective income tax rate for companies varies from 12.2%
All income tax information is summarized by KPMG AG, the Swiss member firm of KPMG International, based on the Swiss Federal Tax Administration, the various cantonal tax administrations and the Swiss Social Security Administration. Tax rates as end of April 2019. Source: KPMG. What future tax rate can I expect in my canton? In addition to the measures provided in the tax reform, the cantons can reduce their ordinary corporate tax rates. Some cantons have already approved the ordinary corporate tax rate they are planning on implementation of the tax reform. BS 13.04 13.04 1. Loans to related parties (in Swiss francs) The interest rate charged in respect of loan receivables of a Swiss company depends on the source of the funds used. In general, the Swiss lender must receive at least these interest rates. 2. Loans from related parties (in Swiss francs) If Swiss companies receive loans from related parties (loan A 7% withholding tax rate should apply for distributions on profits accrued from January 1, 2018 through December 31, 2019, and a 13% withholding tax rate from January 1, 2020 onward. If the distribution is made from earnings that have not been previously subject to Argentine corporate income tax, a 35% "equalization" tax should be applied. Interest Cantons with a corporate income tax rate below the Swiss average (17.71%) Figures in percent Cantons with a corporate income tax rate above the Swiss average (17.71%) Note: max. effective rate on pre-tax profits for federal/cantonal/municipal taxes in the respective cantonal capital. Corporate income tax figures for AI, BL, BE, GE, GL, Cantons with a corporate income tax rate above the Swiss average (17.77%) Note: max. effective rate on pre-tax profits for federal/cantonal/municipal taxes in the respective cantonal capital. SFTA Circular – Interest Rates February 2020 The Swiss Federal Tax Administration (SFTA) has published the annually renewed circular letter concerning loans to and from shareholders and related parties with effect from 1 January SFTA Circular Interest Rates 2020 Author: KPMG Switzerland