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Ge.ch > Why Geneva

Switzerland has one of the most attractive tax systems within Europe

22/05/2008

According to a survey of European tax systems, compiled by KPMG International, in which major business organizations across Europe assessed the attractiveness of their domestic tax systems, Switzerland ranks third behind Cyprus and Ireland respectively.

The survey is based on particular aspects of the tax system, including consistency, stability over time, volume of legislation, the tax rate, and relationships with tax authorities. The survey is compiled from more than 400 interviews with tax professionals in multinational companies across Europe.

Regarding the tax rate and the stability in resisting frequent changes to tax laws, Switzerland performed outstandingly: 100 percent (as opposed to 49 percent on average across Europe) of the participants called Switzerland attractive regarding the tax rate and stability. As far as relationships with tax authorities, 90 percent (as opposed to 60 percent on average across Europe) of the respondents lauded Switzerland.

To learn more about the attractiveness of the Swiss tax system:

http://www.kpmg.ch/library/pdf/KPMG_Attractiveness_of_Tax_Regimes.pdf

To learn more about specific advantages of locating your business in Geneva, do not hesitate to read through the latest edition of "International Comparisons". This regular publication of the Geneva Economic Development Office provides all data necessary to select a business location, it presents the specific advantages of Switzerland and Geneva in comparison with other important locations in Europe and worldwide:

http://www.geneva.ch/comparisons.htm

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