The Federal Law on Tax Reform and AHV Financing (STAF) was adopted by the people. It forms the basis for cantonal tax reforms. The Cantonal Council set the course with the amended Tax Act: The canton of Zug will be at the top again from 2020.
The international tax rules are currently being revised by the OECD. If this planned tax reform were implemented, Switzerland would be the loser and the TRAF would soon be called into question again.
Many Swiss citizens own property in a foreign country, which they have bought or inherited. In many cases these properties are not shown in their Swiss tax declaration.