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Basel offers the lowest corporate income tax of all major Swiss business centres

27.02.2019

The Canton of Basel-Stadt has lowered its tax rates on income, corporate income and capital retroactively to 1 January 2019. Its corporate taxes will from now on be among the lowest in Switzerland and in Europe, making Basel even more attractive as a business location.

Basel Rhine shores Roche tower sunshine blue water

The Cantonal Council of Basel-Stadt has implemented the change to the tax legislation, which voters approved with 79 percent on 10 February 2019. Some measures will be implemented retroactively to 1 January 2019, as announced by the Cantonal Council on Tuesday. Accordingly, corporate income tax has been reduced to 13 percent, and capital tax to 0.1 percent. Basel is thus adopting a pioneering role in promoting excellent tax conditions for companies.

There are also plans to introduce a patent box for tax deductions on income from patents and similar rights. Basel-Stadt is the first German-speaking canton in Switzerland that has moved to adopt the Federal Government proposal.

Following the lead of Basel-Stadt, the Cantons of Basel-Land and Jura are also planning to implement the Federal Government Proposal to boost their attractiveness as business centres.

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