Tax Changes in Switzerland 2025: The Key Updates

The 2025 tax year brings a number of adjustments affecting both individuals and businesses. From the introduction of OECD minimum taxation to changes in VAT and new allowances – these reforms will directly influence tax returns, budgets, and corporate decisions. This overview highlights the key changes and explains what you should look out for.

OECD Minimum Taxation: Focus on Large Corporations

Introduction of a Global Minimum Tax

From 2025, Switzerland will implement the OECD-mandated minimum taxation. International companies with annual revenues of at least €750 million will be required to pay a minimum tax rate of 15% – regardless of which canton they are based in.

Impact on Switzerland as a Business Location

• Companies: The reform primarily affects large multinational corporations.
• Cantons: Attractive low-tax cantons will lose some of their competitive advantage, as the minimum taxation limits cantonal differences.
• Individuals: No direct impact, but possible indirect effects through changes in company locations, jobs, and municipal tax revenues.

Value-Added Tax (VAT): New Rules from 2025

Lower Exemption Threshold

The VAT exemption threshold for imports will be reduced from CHF 300 to CHF 150. As a result, foreign online orders will be subject to tax more often. For consumers, this means higher costs on smaller online purchases.

Electronic Processing

Electronic VAT processing will be further simplified. Companies will benefit from more efficient procedures, while customs authorities will gain better control over imports.

Further Adjustments in Tax Law

Allowances and Flat Rates

From 2025, there will be adjustments to allowances and flat rates, such as child and education deductions. Details vary by canton and should be reviewed individually.

Digitalization of Tax Returns

More and more cantons are switching to digital tax solutions. Taxpayers benefit from:

• automatic data transfers (e.g. salary statements, bank data),
• reduced paperwork,
• simpler entry processes.

This development accelerates the trend toward fully electronic tax returns.

Guidance for Taxpayers

From 2025, both individuals and companies should reassess their situation:

• Are all available deductions being claimed correctly?
• Do documents need updating due to revised allowances?
• Are new obligations arising from online purchases or asset developments?

Especially regarding income and wealth tax, careful planning is recommended to avoid unpleasant surprises.

Conclusion: A Reform with Wide Impact

The tax changes of 2025 once again highlight the dynamic nature of the Swiss tax system. While international corporations are directly affected by the OECD minimum taxation, individuals will also feel the effects – for example, through the lower VAT exemption threshold or revised allowances. Those who inform themselves early can adjust their tax planning in time and avoid unexpected setbacks.