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Switzerland Announces Plans for Interest Withholding Tax Reform to Strengthen Swiss Debt Market

|Proposed Changes|Switzerland
Switzerland

The Swiss Federal Council announced plans on 3 April 2020 for interest withholding tax reform to strengthen the Swiss debt market.

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Federal Council aims to strengthen Swiss debt market through tax reform

Bern, 03.04.2020 - The debt market in Switzerland is to be strengthened by means of a tax reform. In addition, the Federal Council wants to close a loophole in the withholding tax system. During its meeting on 3 April 2020, the Federal Council initiated the consultation on amendments t…

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