“Zurich, Switzerland’s largest city and financial hub, may cut its corporate tax rate nearly in half if foreign firms lose fiscal benefits amid EU pressure, the regional financial chief said on Tuesday. By doing so, Switzerland’s economic centre would aim to convince foreign companies to remain in the canton even if Switzerland bows to EU pressure and alters a system allowing such firms to pay less taxes than Swiss companies. The Zurich proposal follows a similar proposal presented in Geneva last week, suggesting that Switzerland’s second-largest business hub should cut its corporate tax rate from around 24 to 13 percent.”
http://www.thelocal.ch/page/view/zurich-eyes-halving-corporate-tax-minister
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Obama orders more troops to Iraq to guide fight against Islamic State
'Anything That Moves': Civilians And The Vietnam War
China's rich fleeing the country—with their fortunes
Execute elephant poachers on the spot, Tanzanian minister urges
Researchers bypass protections in Microsoft anti-exploitation tool
What’s Inside America’s Banks?
McCain calls Paul, Cruz, Amash ‘wacko birds’ after CIA director filibuster
Congress, federal workers to get raise
Colorado Sheriff: 'Should Be Able To Fire Representatives Who Ignore Constituents'
Mom faces arrest after bringing breast-fed newborn to jury duty
US agencies spied from 'false facade' on roof of Geneva mission
Moody's: More California cities at risk of bankruptcy
Bitcoin dealer sentenced to four years in prison
China stock exchanges step up crackdown on short-selling
IRS collecting tax payer information from Facebook and Twitter