Switzerland
(As of 1 January 2018)
|
Corporate income tax rate (1) |
12% - 24% |
|
Capital gains tax rate (1/2) |
12% - 24% |
|
Branch tax rate (1) |
12% - 24% |
|
|
|
|
Personal income tax rate (3) |
22% - 46% |
|
Withholding tax |
|
|
Dividends (4) |
35% |
|
Interest (5) |
Nil |
|
Royalties from patents and licences |
Nil |
|
Branch remittance tax |
Nil |
|
Net operating losses (years) |
|
|
Carryback |
Not allowable |
|
Carryforward |
7 years |
- Combined federal/cantonal/municipal corporate income tax rate on profit before tax, depending on domicile, under reservation of privileged tax scheme (mixed companies 6%-10%). In the course of the pending Tax Proposal 2017, the corporate income tax rates will be reduced to approx. 12%-18%.
- Higher rates may apply to real estate capital gains, depending on location of property.
- Combined federal/cantonal/municipal personal maximum income tax rate, depending on domicile.
- Under reservation of treaty tax reduction or full exemption under domestic law.
- Under reservation of interest paid by banks.
Source: Professionals from Tax Partner AG – Taxand Switzerland
