According to a release from the Swiss Federal Council, the new corporate tax reform proposal is on schedule with the steering body having held their first round of hearings on the proposal with stakeholders. The new reform, entitled tax proposal 17 (TP17), will restore international acceptance, maintain Switzerland's appeal as a location, and safeguard tax receipts. It follows the failure of the prior reform package (CTR III) to pass a public referendum held 12 February 2017 ({News-2017-02-1…