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Swiss Tax Reform Expected to Pass in Public Referendum

|Proposed Changes|Switzerland
Switzerland

According to recent polling conducted by Swiss research institute gfs.bern, 59% of Swiss voters surveyed are in support of the Federal Act on Tax Reform and AHV Financing (TRAF), while 35% are opposed. The TRAF, which was approved in parliament on 28 September 2018 ({News-2018-10-02/P/6-previous coverage}), includes measures to comply with international standards of taxation. The legislation follows a previous tax reform attempt known as CTR III, which was also approved by parliament but fai…

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