In order to promote the maritime sector and to set an equal playing field for Swiss-based companies internationally, the Federal Council published its dispatch and draft legislation to introduce a tonnage tax in Switzerland. The tonnage tax will allow maritime companies (subject to certain conditions) to determine the taxable profit at a flat rate based on tonnage, i.e., the loading capacity, instead of the profits determined based on the otherwise applicable standard Swiss tax laws, which may allow Swiss maritime companies to reduce their corporate tax burden.
Source EY
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