Adoption of the Federal Act on Tax Reform and AHV Financing: Roadmap of the Changes


On 19 May 2019, the Swiss public voted for the adoption of the Federal Act on Tax Reform and Financing of the AHV ("TRAF"). The key elements of the TRAF will likely enter into force on 1 January 2020. There is no transitional period for the cantons, thus they also have to adapt their cantonal legislation by this date. Most cantons have already taken steps in this direction.


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