Switzerland Plans Global Minimum Deferred Tax Rules From 2025

Switzerland’s Parliament wants to apply global minimum tax rules on deferred tax expenses from 2025 instead of 2024, according to a proposal released Wednesday.

The move is aimed to prevent uncertainties and retroactive burdens for multinational groups based in Switzerland for the 2024 tax year, the government explained in a proposal that is open for public consultation until July 14.

The Organization for Economic Cooperation and Development in January 2025 issued guidance clarifying how deferred tax assets acquired before the introduction of the 15% global minimum tax should be factored into the global minimum tax rate calculations.

The 15% ...