Switzerland: Announcement regarding implementation of income inclusion rule
Income inclusion rule effective January 1, 2025, to complement the domestic minimum top-up tax
The Federal Council on September 4, 2024, announced that it will implement an income inclusion rule (IIR) effective January 1, 2025, to complement the domestic minimum top-up tax (DMTT), which was introduced in Switzerland effective January 1, 2024.
The Federal Council also announced that it will not be implementing an undertaxed payments rule (UTPR) for the time being.
Read a September 2024 report prepared by KPMG’s EU Tax Centre