In Switzerland, fiscal sovereignty is now spread across all the three government levels which include; the Confederation, cantons and communes. The tax boundary is outlined by the constitution and states that cantons may implement a tax which isn't reserved for the Confederation.
It is good to know that cantonal constitutions are the bodies in charge of securing levies which are based on coefficients or cantonal taxes.
There are a few taxes which are implemented by every canton for every company type. The list is below;
• value-added tax;
• excise duty;
• withholding tax;
• custom duties.
There are however the sovereignty laws
and regulations which allow each canton to develop and implement their own taxes. These taxes can also result in an inconsistency with other cantons and create an entirely different taxation type from one canton to another, this means that one canton can have a tax rate 200% higher than the next.