At its meeting on 15 May 2018, the Committee for Economic Affairs and Taxes of the Council of States (WAK-SR) advocated an overall concept with four central elements for tax bill 17 (SV 17).
According to the press release, the four central elements of the proposed overall concept are defined as follows:
- Instead of an increase in family allowances, every franc of tax that is lost through the SV 17 at all three levels is to be counter-financed with one franc to the financing of the AHV. The counter-financing will be provided by three additional salary per mille, the allocation of the entire additional percentage of VAT and an increase in the federal contribution.
- The WAK-SR proposes that qualified dividends should be taxed at least 50% at cantonal level and 70% at federal level.
- The WAK-SR also advocates an adjustment to the capital contribution principle by introducing a repayment rule (proportionality principle).
- Finally, the WAK-SR has decided not to allow the deduction on self-financing (so-called interest-adjusted profit tax, NID) in principle, with the exception of an optional regulation for high-tax cantons.
The WAK-SR is planning a detailed consultation on all other points of SV 17 on 24 May 2018. SV 17 will be discussed in the Council of States on 7 June 2018.
Further information can be found in the WAK-SR press release and the article in the NZZ of 16 May 2018 and the press release of the Conference of Cantonal Finance Directors.
