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A general view shows the eastern swiss Alps, Lake Zurich and the city of Zurich, Switzerland, April 8, 2021. Arnd Wiegmann, Reuters
Switzerland will introduce the minimum tax rate for large multinational companies agreed by the OECD and G20 member states from Jan. 1 to prevent the erosion of the tax base in favour of other countries, the Swiss government said on Friday.
The tax rate will be implemented in the form of a national supplementary tax, said the government, which added that it will decide on other elements of the OECD/G20 regulatory framework at a later date.
(Writing by Miranda Murray, Editing by Rachel More)
