On 14 June 2016, both house of the Swiss parliament agreed on final measures for Switzerland's Corporate Tax Reform III (CTR III), which is meant to bring Switzerland in line with international standards while remaining a competitive and attractive destination for international businesses. The main measures agreed on are as follows:
- The privileged cantonal tax regimes are abolished, including the special tax status for holding, domicile and mixed companies and the financing branch regime;
- A …