The Swiss Federal Council has confirmed that the Swiss tax reform approved by the referendum held in May will enter into force on 1 January 2020 as expected ({News-2019-05-28/A/4-previous coverage}).
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TRAF to enter into force on 1 January 2020
The Federal Act on Tax Reform and AHV Financing (TRAF) will come into full force on 1 January 2020. This was decided by the Federal Council during its meeting on 14 June 2019.
The electorate approved TRAF in a referendum on 19 May 2019. One day…