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The Swiss Federal Council, on 17 August, launched a public consultation concerning the draft ordinance laying out the material aspects of the Pillar Two implementation in Switzerland. Interested parties have until 17 November to submit comments to the Swiss administration.

Actions to consider: In addition to considering how the OECD’s Pillar Two Model Rules would impact their global operations, concerned multinationals have time to also consider how the Swiss draft rules could impact their business.