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Swiss Federal Council Consulting on Global Minimum Tax Ordinance

|Proposed Changes|Switzerland
Switzerland

The Swiss Federal Council has issued a release announcing the launch of a public consultation on the draft ordinance for the implementation of the 15% global minimum tax in accordance with Pillar 2 of the OECD's two-pillar solution for international tax reform, which is currently planned to enter into force on 1 January 2024. The ordinance temporarily regulates the minimum tax in Switzerland by means of a "supplementary tax" to guarantee a minimum level of taxation of corporate groups with c…

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