Council of States and Federal Council Continue Debating Corporate Tax Reform

The various Swiss political forces are reported to have been debating a compromise version of the proposed corporate tax reform. The corporate tax reform, known as CTR III, was rejected in a referendum of June 2016, but had since been re-tabled in a modified form. The compromise sought would be to link the passing of the corporate tax measures with measures intended to compensate cantons for revenue losses, as well as measures intended to finance the retirement system, possibly by way of an i…