The State Secretariat for International Financial Matters (SIF) published its position on taxation of the digital economy on 8 March 2018.
The SIF argues that today's rules for the taxation of internationally active companies no longer correspond to the modern and digital economy, since today a digital presence rather than a physical one is sufficient. However, this presence could not be taxed or not fully taxed.
Switzerland actively participates in the work of the Organisation for Economic Cooperation and Development (OECD), which is currently drawing up proposals on how corporate taxation can be adapted to the new developments.
Among other things, Switzerland's position is that the rules of taxation should be fundamentally reviewed, multilateral approaches should be preferred and double and overtaxation by individual countries should be avoided.
The publication is available here.
