Tax return

Tax return

Tax declaration, also known as tax return, pertains to direct taxes. It is a dreaded process for many taxpayers in Switzerland. Whether you are an individual or a business, and regardless of the legal form of your company, you must file a tax return. It is imperative to submit a complete and finalized declaration within the specified deadlines, even if your company, foundation, or association is not taxable. No provisional declaration can be accepted.

What are the tax rates?

In Switzerland, corporate tax rates also vary depending on the canton in which the company is domiciled, as well as other factors such as the legal form of the company and its taxable profit. Corporate tax rates are generally lower than those for individuals and may be subject to reductions to promote economic activity and investment in certain regions.

When do you need to file your tax return?

In Switzerland, the deadline for filing the corporate tax return varies depending on the canton where the company is domiciled. Generally, the corporate tax return must be filed within six months following the close of the company's financial year. However, this period can be extended to nine months in some cantons, depending on local regulations.

Preparation of documents and accounting

Thorough preparation of documents and bookkeeping are essential for tax declaration in Switzerland. They ensure legal compliance by ensuring that the company adheres to current tax regulations, thus avoiding penalties and fines. Moreover, accurate bookkeeping enables precise tax declaration, reducing the risk of errors and subsequent revisions. Additionally, meticulous bookkeeping helps identify legal tax optimization opportunities, thereby minimizing the company's tax burden.

Learn more about keeping your accounting.