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Switzerland must adjust to remain business-friendly after G7 tax deal, experts say reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Switzerland fears impact of minimum corporate tax rate Switzerland may have to find alternative ways to welcome foreign companies to Switzerland. Keystone / Peter Klaunzer This content was published on April 27, 2021 - 09:00 April 27, 2021 - 09:00 Matthew Allen When not covering fintech, cryptocurrencies, blockchain, banks and trade, swissinfo.ch s business correspondent can be found playing cricket on various grounds in Switzerland - including the frozen lake of St Moritz. swissinfo.ch The looming shadow of a global minimum corporate tax rate could threaten Switzerland’s status as a hub for multinational company headquarters. The United States says that no country should tax companies less than 21%, a proposal that has added momentum to talks over a worldwide minimum corporate tax rate. The average corporate tax rate among Swiss cantons currently stands at around 15%, according to KPMG. ....