The Swiss Federal Council has issued a release announcing the approval of amendments to the Minimum Taxation Ordinance on 21 October 2026 in relation to the treatment of deferred tax assets when calculating the effective tax rate under the Pillar 2 global minimum tax rules. Consulted on earlier in the year, the amendments implement two parliamentary motions (25.4392 and 25.4399) that asked for a one-year deferral of the application of specific OECD administrative guidance on the treatment of…