15 January 2016 Switzerland's tax deductions for commuting expenses significantly reduced from January 2016 From January 2016, Switzerland has introduced a general limitation on the tax deductibility of the costs of travelling to work, at least for the purposes of direct federal Swiss tax. This limitation will broadly impact national or international daily and weekly commuting costs and will reduce considerably the attractiveness of company cars from a tax perspective. A Tax Alert prepared by Ernst & Young's Human Capital Group, and attached below, provides additional details. Document ID: 2016-0110 |
