Geneva Tax Measures

In order to comply with the measures announced by the Federal Council on 20 March 2020, the State Council met in extraordinary session on Monday 23 March 2020 to adopt temporary relief tax measures.

These measures come into force today and are aimed at both companies and individuals financially affected by the economic crisis caused by the Covid-19.

The State Council emphasizes that taxpayers who do not suffer from the economic consequences of the pandemic should keep paying their taxes on time in order to ensure the cash flow of the State of Geneva.

The following tax measures have been enacted:

  • Relief from default interest

The Geneva tax authorities relieve default interest until 31 December 2020 for all periodic taxes due during this period. This is valid for Federal, cantonal and communal taxes.

  • Deferred payment of cantonal and municipal taxes

Taxpayers facing financial difficulties may obtain payment deadlines (in principle, a maximum of eight monthly instalments is applicable). Taxpayers should file a request within 30 days from the date of notification of the final tax invoice. A standard and straight-forward application online is available.

  • Adjustment of provisional taxes invoice

Companies that expect to incur losses due to the negative effects of the corona virus, or individuals who suffer a loss of income, may adjust their provisional tax payments for cantonal and municipal taxes. The payment can be postponed or reduced without any formalities. It is therefore no longer necessary to fill out the online form to change the provisional taxes.

  • Deadlines extended

The deadline for filing the 2019 tax returns is extended to May 31, 2020, for both individuals and companies. This deadline also applies to applications relating to the withholding tax and applications for „quasi-resident“ status.

The deadlines for the replies to information requests from the tax authorities are also extended to May 31 2020.

Finally, notifications of tax decisions on challenges filed by the taxpayers (individuals – ordinarily taxed or at source – and corporates) are postponed until April 30, 2020.