In the canton of Schwyz, corporation taxes are considered to be a justified business expense and can therefore be deducted from your accounts. Other justified business expenses include the immediate depreciation to one Swiss franc of intangible rights and movable business equipment. This is subject to the ruling on the taxation of investment, holding, domiciliary and combined companies (HDW). There are tax breaks for companies in accordance with § 62 Tax Law.

For start-up companies and those which serve the economic interests of the canton, the councilors may grant appropriate tax breaks for the start-up year and the next nine years after consultation with the local authorities responsible. A significant change in operational activities is considered to be the same as a new start-up. The granting of tax breaks is linked to terms and requirements.