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Switzerland Sets Individual Taxation Date
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Switzerland Sets Individual Taxation Date
Switzerland’s Federal Council has confirmed that individual taxation will come into force on 1 January 2032, opting for the latest date permitted under the legislation. The decision is intended to give cantons sufficient time to make the political, legislative, and technical changes needed to implement the new regime.
Individual taxation comes as late as possible by law. Now internal papers show that since no one in the Federal Council worked for an earlier date, the system change only comes into force in 2032. The background.
·Zürich, Switzerland
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