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Swiss Federal Council Decided to Implement OECD Minimum Tax by Constitutional Amendment

|Proposed Changes|Switzerland
Switzerland

The Swiss Federal Council has announced its decision to provide for the implementation of the OECD minimum tax through a constitutional amendment to allow the new rules to come into force on 1 January 2024. Implementation of the minimum tax on a constitutional basis is seen as needed for two main reasons, which include timing issues with the ordinary legislative process and the need to legitimi…

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