MPs clash over revenue from minimum tax

The revenue from the minimum taxation of large companies will be at the center of the debates Thursday at the National. MPs from left and right should cross swords over the distribution of this additional windfall.

The project intends to impose 15% on all large companies, whose turnover exceeds 750 million euros, to align with a reform decided by the OECD and the G20. Bern has every interest in taking it back. If a State does not play the game, additional taxes could be required in another country.

The additional tax in question is therefore not disputed. It is the distribution of potential additional revenue that is the subject of debate. The Federal Council proposes granting 75% of the envelope to the cantons and 25% to the Confederation. The senators followed.

Left-right duel

The competent committee of the National sees things differently. After a very tight vote, it proposes to its plenum a distribution in equal parts. The share of a canton must also not exceed 400 francs per inhabitant. The surplus will be distributed equally between the other cantons.

The debates promise to be heated. No less than six minorities were filed on this point. The right should push to join the version of the Council of States and the Federal Council, or even to grant all the additional income to the cantons.

At the other political end, a green minority wants the Confederation to pocket the entire envelope. The allocation of the additional windfall to promoting the economic attractiveness of Switzerland should also make waves. Verdict in a few hours.

/ATS

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