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The ordinary corporate tax rates for businesses in Switzerland remained stable compared to the previous year at an average of 14.6%. Changes in corporate tax rates were only seen in eight cantons. Those are some of the findings presented in KPMG’s Swiss Tax Report 2024, which compares corporate and income tax rates from more than 50 countries and all 26 Swiss cantons.
The biggest cuts were made by the cantons of Aargau (-1.19 percentage points) and Bern (-0.5 percentage points), while Schaffhausen and Geneva made the largest increases to…