Swiss Tax Return as a Company

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The tax system for corporate income and capital taxes is based on taxpayers’ declarations, with subsequent assessments being issued by the tax authorities based on the tax returns filed.

Companies are initially assessed on a provisional basis, with final assessments being issued after the tax base was either the subject of a tax audit or declared final by the authorities.

Deadline

The tax return must be filed annually. An exemption exists in the first year of business italy mobile database when an extended business year can apply.

The filing deadlines vary from canton to canton but are usually between six and nine months, after the close of the business year.

Taxable Period

The tax year is the business year. Thus, the basis for corporate taxation is the applicable accounting period, which may end at any date within a calendar year.

Payment of Tax

Unless instalment payments are specifically requested, Swiss taxes are payable on receipt of a demand, based on a provisional or final assessment.

About one month before the due date, a provisional tax bill based on the latest tax return filed, or the assessment of the preceding period, is sent to the taxpayer.

Payment is usually made in three to ten instalments. If the entire amount is paid up front, a discount may be granted.