On 11 March 2022, the Swiss Federal Council issued a release announcing the submission of draft legislation for consultation for the implementation of the global minimum tax according to Pillar 2 of the OECD's two-pillar solution for international tax reform. The deadline for the consultation is 20 April 2022 and will not be extended.
As explained in the release, the Federal Council intends to guarantee minimum taxation according to Pillar 2 by introducing a "supplementary tax". The top-up …