The Committee for Economic Affairs and Taxes of the National Council (WAK-N) has begun detailed deliberations on SV 17 and, according to the media release of 14 August 2018, is following the Council of States in all points (see our contribution of 10 June 2018). The detailed discussion is to be concluded at the meeting on 3 September and the matter will be discussed in the National Council on 12 September.
The WAK-N discussed in particular the additional financing of the AHV and follows the solution of the Council of States. Both a motion to raise the retirement age for women to 65 and a motion by the Finance Committee of the National Council to counter-finance the SV 17 by increasing the value added tax (VAT) (cf. our contribution of 30 June 2018) were rejected. Similarly, the proposals to split the bill (into a part concerning AHV financing and a tax part) did not receive a majority.
The capital contribution principle (CEP), the deduction for equity capital, the patent box, R&D deductions, and the adjustment of the financial equalization have not yet been dealt with. The Swiss Federal Tax Administration (FTA) has published relevant information on the CEP for the attention of the WAK-N. The FTA recommends in particular that the repayment and partial liquidation rule be extended to all listed companies and not restricted to companies listed on Swiss stock exchanges. The comments contain further recommendations, discussion points and draft legislation of the FTA.
