Bloomberg Tax
Sept. 16, 2022, 5:13 PM

Swiss Cantons Add Complexity to Minimum Tax Adoption: Official

Stephen Gardner
Stephen Gardner
Freelance Correspondent

Implementing global minimum tax rules in Switzerland will be particularly complex because the country’s 26 cantons have resisted the idea of a single federal-level approach, a top Swiss tax official said Friday.

The idea of a single national implementation of the 15% minimum tax—known as Pillar Two of the two-part global tax deal—was floated, but “both cantons and multinationals explained to us in very clear terms: No, no way,” said Fabian Baumer, head of tax policy for the Swiss Federal Tax Administration.

“What close to shocked me was the unwillingness to even discuss an alternative” to canton-level implementation, Baumer ...