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Swiss Tax Reform Adopted in Public Referendum

|Approved Changes|Switzerland
Switzerland

The Swiss Federal Department of Finance (FDF) has announced the adoption of the Federal Act on Tax Reform and AHV Financing (TRAF) by Swiss voters in the referendum held 19 May 2019. The TRAF, which was approved in parliament on 28 September 2018 ({News-2018-10-02/P/6-previous coverage}), includes measures to comply with international standards of taxation. This includes the abolishment of pre…

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