Brochure QI external audit

CORPORATE TAX RELIEF IN SWITZERLAND INTERNATIONAL TAX Corporate Tax Relief in Switzerland Year 2003 © 2002 ERNST & YOUNG LTD 1/13 CORPORATE TAX RELIEF IN SWITZERLAND Table of contents NEWLY ESTABLISHED COMPANIES........................................................3 QUALIFYING DIVIDENDS AND CAPITAL GAINS ..................................4 HOLDING COMPANIES................................................................................5 INTERNATIONAL COMMERCIAL COMPANIES (DOMICILIARY) .......6 SERVICE COMPANIES..................................................................................7 INTERNATIONAL SALES COMPANIES (50/50 RULING)........................8 FINANCE BRANCHES...................................................................................9 PRINCIPAL COMPANIES............................................................................10 OUR OFFICES IN SWITZERLAND ............................................................11 © 2002 ERNST & YOUNG LTD 2/13 CORPORATE TAX RELIEF IN SWITZERLAND Newly established companies For some years, relief has been granted to new businesses as an incentive for investment in Switzerland. Whilst the Swiss Federal Government has a less generous approach to tax relief, nearly all cantons encourage the establishment of new industries within their territories by granting tax privileges to new active business enterprises. These ...