After the No-Vote agains Corporate Tax Reform III, the Federal Department of finance is forging ahead with work on a new corporate taxation proposal entitled tax proposal 17 (TP17).
It was decided during the steering body's kick-off meeting that cities and communes would be closely involved in preparing the new version. The new composition of the steering body was established under the leadership of Federal Councillor Ueli Maurer on Thursday, 2 March 2017, with members from the cantons and the Administration. The swift implementation desired by all sides in order to maintain Switzerland's competitiveness leaves a relatively small amount of leeway, but it also offers the opportunity to involve cities and communes in the work from the outset.
Accordingly, the steering body defined the tax proposal 17 timetable. The first important milestones will be the hearings with political parties, cities and communes, national churches and associations in March. The next steps will be precisely defined based on those hearings. The cornerstones of the new proposal should then be submitted to the Federal Council in June for decision-making.