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Audit Audit of the supervision over the direct federal tax exemptions

Audit number: 14225

Each year, the Confederation forfeits some of its tax revenue in favour of creating or maintaining jobs. These losses stood at 1.4 billion francs in 2011, compared with 1.7 billion francs in 2010. The companies concerned earned pre-tax profits of 19.4 billion francs in 2011, compared with 23.7 billion francs in 201010. With the reduction in the geographical scope of direct federal tax relief after expiry of the Lex Bonny in 2007, the decrease in number of new relief decisions is significant.