Sunday 26 July 2020

Switzerland may surpass Hong Kong as the top global corporate tax haven

Some parts of Switzerland may soon become better corporate tax havens than the mother of all tax havens, Hong Kong. The Swiss government is implementing a massive tax reform that could drop the tax burden in some Swiss cantons below 10 percent, according to a BAK Economics study reported by Bloomberg. The national corporate tax rate in Switzerland is set to fall to about 13.5 percent from 16.8 percent in 2025 once its tax reforms



source https://therealdeal.com/2020/07/26/switzerland-may-surpass-hong-kong-as-the-top-global-corporate-tax-haven/

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