Switzerland

Details

  • Service: Tax, Corporate Tax, International Corporate Tax
  • Type: Business and industry issue
  • Date: 4/16/2011

IP Location Nidwalden – KPMG gets you there 

As of 1 January 2011, the canton of Nidwalden introduced the "Licence Box System". This system is unique in Switzerland and strengthens the position of Nidwalden as an attractive business and research location.
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As of 1 January 2011, the new law reduces the cantonal tax rate on net licence income by 80%. Including federal tax, an effective corporate income tax rate of 8.8% is levied on net licence income. Compared to rules in other countries, the definition of licence income is very wide. The inclusion of copyright makes Nidwalden a location of choice for companies in the entertainment industry.