Swiss voters accept Federal Act on Tax Reform and AHV Financing
(WorldNews Politics)

In the 19 May 2019 popular referendum the Swiss voting population accepted the Federal Act on Tax Reform and AHV Financing (TRAF) proposal. Background In June 2016 the Swiss Parliament approved changes to the tax system, known then as Corporate Tax Reform III (CTR III). These changes were rejected by 59.1% of voters when put to the popular vote on 12 February 2017. So it was back to the drawing board for the Federal Council. After public consultation, revisions to CTR III were published on 21 March 2018 under the name Tax Proposal 17 (TP17). On 28 September 2018 TP17 was approved by the Swiss Parliament, and from then on known as TRAF. It became clear in January of this year that another...