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Switzerland votes to amend Constitution to allow Pillar Two implementation

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Switzerland

  • On 18 June 2023, Switzerland approved the legal basis for the introduction of Pillar One and Pillar Two of the OECD/G20 BEPS 2.0 project in the form of a constitutional amendment by a public vote.
  • For Pillar Two the constitutional amendment includes a transitional provision that allows the implementation of the Pillar Two rules by ordinance of the Swiss Federal Council until a permanent tax bill is…

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