Governments in most of the world use their power to dictate lower prices for originator drugs, resulting in average drug prices that are 74 percent of U.S. price levels in Canada; 64 percent in France, and 74 percent in Germany.
CHF-Swiss Franc. Switzerland, Franc. The Swiss Franc is the currency of Switzerland. Our currency rankings show that the most popular Switzerland Franc exchange rate is the EUR to CHF rate. The currency code for Francs is CHF, and the currency symbol is CHF. Below, you'll find Swiss Franc rates and a currency converter.
Federal level. Switzerland levies a direct federal CIT at a flat rate of 8.5% on profit after tax. Accordingly, CIT is deductible for tax purposes and reduces the applicable tax base (i.e. taxable income), resulting in a direct federal CIT rate on profit before tax of approximately 7.83%.