The supplementary tax is limited to large corporate groups with worldwide turnover of at least EUR 750 million that are below the minimum taxation of 15%. As a federal tax, it achieves the necessary international acceptance. Implementation by the cantons takes account of tax federalism.
The Confederation is to receive 25% of the receipts from the supplementary tax. These additional funds will be earmarked to cover the additional national fiscal equalization (NFE) expenditure and to promote the attractiveness of Switzerland as a business location. The proposal is thus budget-neutral for the Confederation.
The cantons will receive 75% of the receipts. The cantons actually affected by the minimum tax rate will thus receive the funds to safeguard their appeal as a business location. They can decide for themselves how the funds are to be used, but the communes must be appropriately taken into account.
The Federal Council has decided to proceed in stages in view of the time pressure. A new constitutional standard will empower the Confederation to implement the OECD/G20 project. In a second step, the Federal Council will regulate minimum taxation by means of a temporary ordinance. Afterwards, a federal law will replace the ordinance.
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