Switzerland will establish a minimum tax rate of 15% for large multinationals, depending on the favorable result obtained in a referendum proposed by the government to allow the country to connect with the rules of the Organization for Economic Cooperation and Development (OECD). .
The measure was approved by about 80% of voters, which will allow Switzerland to implement the reform of the taxation of multinationals adopted by the OECD and the G20 after the financial crisis of 2008 and that provides for a minimum rate of 15% on the profits of the groups, whose business figures exceed 750 million euros.
In this category fall a hundred Swiss companies and thousands of subsidiaries of foreign groups.
This reform was essential because, otherwise, the uncollected taxes could have been claimed by the countries where the headquarters of the company involved are located, according to the government, which asked citizens to vote in favor to prevent the money left the country.
It is estimated that the income from the supplementary tax will oscillate between 1,000 and 2,500 million euros the first year, which will be distributed among the Swiss cantons where the tax is lower than what has been established today, which will receive 75%; and the central State (25%).
The left, the unions and some NGOs considered that this project is unequal because the extra income will go to cantons considered rich and with a large number of multinationals, such as Basel-City and Zoug.
MORE NEWS:
EFE International news agency based in Madrid and present in more than 110 countries.