During the general meeting of the Association des Promoteurs Constructeurs Immobiliers Genevois (APCG) on April 24, we were able to benefit from an excellent presentation by Professor Xavier Oberson on “the evolution of Swiss tax law at the crossroads”.

Indeed, after the failure of the RIE III vote and the risk of loss of attractiveness for Switzerland in general and our Canton in particular, it was particularly interesting to understand the evolution of the new tax reform project PF 17 and its timetable.

This evolution of our tax system is critical for a sustainable guarantee of our growth, of jobs and of maintaining the attractiveness of Switzerland in an environment of exacerbated tax competition, in particular with the new corporate tax reform in the United States.

Let’s not forget the economic weight of the large multinationals established in the Lake Geneva region and the impact on the office real estate sector.