The Corporate Tax Rate in Switzerland stands at 14.60 percent. This dataset provides - Switzerland Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The corporate tax rate in Switzerland was forecast to continuously decrease between 2024 and 2029 by in total *** percentage points. After the ***** consecutive decreasing year, the corporate tax rate is estimated to reach ** percent and therefore a new minimum in 2029. Depicted is the corporate tax rate in the country or region at hand. The shown rate refers to the nominal top marginal tax rate. The actual rate usually varies considerably by company.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the corporate tax rate in countries like Germany and Austria.

This dataset provides values for CORPORATE TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Personal Income Tax Rate in Switzerland stands at 40 percent. This dataset provides - Switzerland Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Portugal had the highest combined corporate income tax rate in 2023, reaching 31.5 percent, and was followed by Germany with a rate of 29.94 percent. On the other hand, Hungary had the lowest combined corporate income tax rate, reaching just nine percent in 2023.

The corporate tax rate in Germany was forecast to continuously decrease between 2024 and 2029 by in total *** percentage points. The corporate tax rate is estimated to amount to **** percent in 2029. Depicted is the corporate tax rate in the country or region at hand. The shown rate refers to the nominal top marginal tax rate. The actual rate usually varies considerably by company.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the corporate tax rate in countries like Austria and Switzerland.

The corporate tax rate in Austria was forecast to continuously decrease between 2024 and 2029 by in total *** percentage points. The corporate tax rate is estimated to amount to **** percent in 2029. Depicted is the corporate tax rate in the country or region at hand. The shown rate refers to the nominal top marginal tax rate. The actual rate usually varies considerably by company.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the corporate tax rate in countries like Switzerland and Germany.

Switzerland Time to Prepare and Pay Taxes data was reported at 63.000 Hour in 2017. This stayed constant from the previous number of 63.000 Hour for 2016. Switzerland Time to Prepare and Pay Taxes data is updated yearly, averaging 63.000 Hour from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 63.000 Hour in 2017 and a record low of 63.000 Hour in 2017. Switzerland Time to Prepare and Pay Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank: Company Statistics. Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

Switzerland Tax Payments data was reported at 19.000 Number in 2017. This stayed constant from the previous number of 19.000 Number for 2016. Switzerland Tax Payments data is updated yearly, averaging 19.000 Number from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 20.000 Number in 2005 and a record low of 19.000 Number in 2017. Switzerland Tax Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank: Company Statistics. Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

The personal income tax rate in Switzerland was forecast to remain on a similar level in 2029 as compared to 2024 with **** percent. According to this forecast, the rate will stay nearly the same over the forecast period. The shown rate refers to the nominal top marginal tax rate. Depending on income the actual rate usually varies individually.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the personal income tax rate in countries like Germany and Austria.

Switzerland Profit Tax: % of Commercial Profits data was reported at 9.300 % in 2017. This stayed constant from the previous number of 9.300 % for 2016. Switzerland Profit Tax: % of Commercial Profits data is updated yearly, averaging 9.300 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 10.000 % in 2009 and a record low of 8.700 % in 2007. Switzerland Profit Tax: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank.WDI: Business Environment. Profit tax is the amount of taxes on profits paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

Key information about Switzerland Tax Revenue

• Switzerland Tax Revenue was reported at 244.551 USD bn in Dec 2023.
• This records an increase from the previous figure of 221.489 USD bn for Dec 2022.
• Switzerland Tax Revenue data is updated yearly, averaging 114.567 USD bn from Dec 1990 to 2023, with 34 observations.
• The data reached an all-time high of 244.551 USD bn in 2023 and a record low of 61.525 USD bn in 1990.
• Switzerland Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Annual.

Machine-readable dividend withholding-tax rate between Switzerland and United States. Part of Project Black Ledger’s dataset covering 2400 treaty provisions.

Switzerland Labour Tax and Contributions: % of Commercial Profits data was reported at 17.700 % in 2017. This stayed constant from the previous number of 17.700 % for 2016. Switzerland Labour Tax and Contributions: % of Commercial Profits data is updated yearly, averaging 17.600 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 17.800 % in 2012 and a record low of 16.600 % in 2009. Switzerland Labour Tax and Contributions: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank.WDI: Business Environment. Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

According to this forecast, the tax rate will stay nearly the same over the forecast period. The shown rate refers to the nominal standard sales tax rate (sometimes called value added tax) that is applied nation-wide. Usually, exceptions apply to certain product ranges and sometimes certain sales taxes are only levied regionally or locally. Regional and local sales taxes are not included here.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the sales tax rate in countries like Germany and Switzerland.

Snapshot img

Tax Advisory Services Market Size 2025-2029

The tax advisory services market size is forecast to increase by USD 12.82 billion, at a CAGR of 5.9% between 2024 and 2029.

The market is characterized by the complexity of tax regulations and the increasing trend towards digital transformation and automation. The intricacy of tax laws necessitates the expertise of tax advisory services to help businesses navigate the intricacies and ensure compliance. Simultaneously, the adoption of digital technologies and automation in tax processes is transforming the market landscape, offering opportunities for enhanced efficiency and accuracy. However, this digital shift also introduces new challenges, particularly in the realm of data security and privacy risks. As businesses increasingly rely on digital platforms to manage tax data, protecting sensitive information becomes paramount. These dynamics underscore the importance of tax advisory services in helping organizations navigate the intricacies of tax regulations while leveraging digital technologies to streamline processes and mitigate risks. Companies seeking to capitalize on market opportunities and effectively address challenges must prioritize expertise in tax regulations, digital transformation, and data security.

What will be the Size of the Tax Advisory Services Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by the complex and intricate nature of tax regulations and the dynamic business environment. Financial reporting, internal controls, and risk management are crucial aspects of tax advisory services, ensuring compliance with OECD guidelines and various tax laws. Indirect tax, financial planning, gift tax, tax deductions, tax evasion, and tax avoidance are integral components of this market, requiring continuous adaptation to changing regulatory landscapes and business needs. Tax advisory services extend to corporate tax, tax efficiency, tax education, tax litigation, international taxation, estate planning, tax research, tax optimization, tax legislation, tax technology, tax treaties, and various other areas. The ongoing unfolding of market activities reveals evolving patterns in tax compliance, regulatory compliance, tax return preparation, and tax controversy. Tax advisory services play a vital role in tax evasion and tax avoidance strategies, as well as tax planning and tax incentives. They also encompass tax technology, data analytics, and transaction advisory services, providing clients with comprehensive solutions to manage their tax obligations effectively. The market is a critical partner for businesses and individuals seeking to navigate the complexities of tax regulations and optimize their tax positions. As tax laws and regulations continue to evolve, tax advisory services remain indispensable in ensuring compliance and maximizing tax efficiency.

How is this Tax Advisory Services Industry segmented?

The tax advisory services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userBFSIIT and telecomRetail and e-commerceHealthcareOthersTypeDirect advisory taxIndirect advisory taxGeographyNorth AmericaUSCanadaEuropeFranceGermanySwitzerlandUKAPACAustraliaChinaIndiaSingaporeRest of World (ROW)

By End-user Insights

The bfsi segment is estimated to witness significant growth during the forecast period.The market caters to the extensive requirements of the banking, financial services, and insurance (BFSI) sector, which faces intricate challenges in adhering to global tax laws, compliance regulations, and evolving jurisdictional complexities. To tackle these issues, the BFSI industry heavily relies on specialized tax advisory services for corporate tax planning, transfer pricing, regulatory compliance, mergers and acquisitions, and risk management. With the increasing trend of cross-border transactions, the significance of expert tax advisory services amplifies, enabling financial institutions to optimize their tax structures and ensure adherence to both local and international tax regulations. Forensic accounting, tax research, and data analytics play pivotal roles in uncovering potential tax evasion and avoidance schemes, while tax software and technology enhance the efficiency and accuracy of tax processes. Capital gains tax, income tax, sales tax, property tax, and wealth tax are among the various taxes that demand expert advisory services. Tax legislation, OECD guidelines, and international taxation necessitate continuous research and consultation. Tax credits, incentives, and treaties offer opportunities for tax optimization, while tax litiga

Forecast: Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Chemicals, Basic Pharmaceuticals and Preparations in Switzerland 2022 - 2026 Discover more data with ReportLinker!

The Sales Tax Rate in Switzerland stands at 8.10 percent. This dataset provides - Switzerland Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset presents information on historical central government revenues for 31 countries in Europe and the Americas for the period from 1800 (or independence) to 2012. The countries included are: Argentina, Australia, Austria, Belgium, Bolivia, Brazil, Canada, Chile, Colombia, Denmark, Ecuador, Finland, France, Germany (West Germany between 1949 and 1990), Ireland, Italy, Japan, Mexico, New Zealand, Norway, Paraguay, Peru, Portugal, Spain, Sweden, Switzerland, the Netherlands, the United Kingdom, the United States, Uruguay, and Venezuela. In other words, the dataset includes all South American, North American, and Western European countries with a population of more than one million, plus Australia, New Zealand, Japan, and Mexico. The dataset contains information on the public finances of central governments. To make such information comparable cross-nationally the researchers chose to normalize nominal revenue figures in two ways: (i) as a share of the total budget, and (ii) as a share of total gross domestic product. The total tax revenue of the central state is disaggregated guided by the Government Finance Statistics Manual 2001 of the International Monetary Fund (IMF) which provides a classification of types of revenue, and describes in detail the contents of each classification category. Given the paucity of detailed historical data and the needs of our project, researchers combined some subcategories. First, they were interested in total tax revenue, as well as the shares of total revenue coming from direct and indirect taxes. Further, they measured two sub-categories of direct taxation, namely taxes on property and income. For indirect taxes, they separated excises, consumption, and customs.

Switzerland Fossil Fuel Support: USD: 2022 Price: Tax Expenditure data was reported at 2.274 USD bn in 2022. This records an increase from the previous number of 1.620 USD bn for 2021. Switzerland Fossil Fuel Support: USD: 2022 Price: Tax Expenditure data is updated yearly, averaging 2.278 USD bn from Dec 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 2.769 USD bn in 2019 and a record low of 1.562 USD bn in 2020. Switzerland Fossil Fuel Support: USD: 2022 Price: Tax Expenditure data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Switzerland – Table CH.OECD.ESG: Environmental: Fossil Fuel Support: OECD Member: Annual.