Taxation

10 Cantons with the lowest tax in Switzerland

In order to understand the Swiss tax system, it is important to understand that due to its federal structure (26 cantons and approximately 2,300 municipalities) there is no uniform taxation system. Depending on the tax type, some are levied exclusively at a federal level such Value Added Tax (VAT), and some at both levels: federal and cantonal such as income tax.
Here is a list with 10 Swiss cantons with the lowest taxes in Switzerland and also around the world.

The Swiss Patent Box

The Corporate Tax Reform III has been approved by the Swiss Parliament. This tax reform was created in order to preserve Switzerland’s attractiveness as a location for multinational companies that want to take advantage of a more relaxed taxation.