Swiss canton to overtake Hong Kong with lowest corporate tax rate          

Switzerland's corporate tax rate should fall to 13.5% by 2025, lower than Singapore 

Swissair planes remain on the ground at the airport in Zurich-Kloten, Switzerland, 

Hong Kong will soon lose its status as the place with the world’s lowest corporate tax, replaced by the small mountainous canton of Nidwalden in Switzerland, a study found.

That’s according to a taxation index by BAK Economics that regularly measures the attractiveness of Swiss cantons compared with each other as well as locations abroad.