Switzerland Joins New Corporate Tax Landscape

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Switzerland Joins New Corporate Tax Landscape by Armando Mombelli, swissinfo.ch The OECD and EU want to put an end to multinational corporations such as Starbucks Corporation (NASDAQ:SBUX), Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) or Fiat making use of legal loopholes to limit the amount of corporate tax they pay (Mike Blake / Reuters) It’s about to get a lot harder for multinationals to avoid paying taxes, with numerous international bodies working on new global standards. Switzerland intends to play its part by putting an end to tax breaks for foreign companies. From 2017, multinationals will have to pay taxes…

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