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Swiss bank Pictet to pay $123m to end US tax case

Pictet has agreed to pay $123 million to resolve a US investigation into how it helped Americans hide more than $5.6 billion in secret bank accounts.

United statesNew yorkStuartm goldbergBanque pictetDamian williamsMyriam balezouBanque pictet cieUs district courtBank lombard odier coJustice departmentRevenue serviceCredit suisse groupJulius baer group ltdUnion bancaire priveePictet groupSalvatore di nolfi

The arrival of foreign capital has not harmed Swiss watchmaking

An interview with Jean-Daniel Pasche, president of the Federation of the Swiss Watch Industry, who steps down at the end of 2023.

Hong kongUnited statesSamuel jabergCatherine hickleyJean daniel paschePierre yves donzSwiss federal institute of intellectual propertyEuropean unionUniversity of neuchFederation of the swiss watch industrySwiss watch industryDaniel pascheRepresenting swissSwiss federal instituteIntellectual propertyGerman speaking switzerland

Why is Switzerland backtracking on the plan for a minimum corporate tax rate?

The Swiss government is considering postponing implementation of the minimum corporate tax rate. What’s the hold up?

Hong kongUnited arab emiratesSouth koreaPascal saint amansKarin keller sutterDominik grossAlliance sudTax administrationUnited nationsEuropean unionOrganisation for economicUs congressCentre for taxEconomic co operationTax policyFederal department

Budget balancing act: agriculture gains, cuts to asylum assistance

Additional funds for agriculture, financed by cuts in asylum and regional policy.

House of representative finance committeeFinance committeeFederal councilPolitics generalGovernment debtBudgets and budgetingCredit and debtEnvironmental politicsState budget and taxPublic financeEconomic policyLatest news

Secret meeting of state deniers in canton Basel

State deniers originating from Germany want to expand their kingdom into Switzerland. But there is a monetary interest behind this, says an expert.

Freie musikschule baselNeue deutsche markDirk baierFinancial supervisory authority bafinInstitute for delinquencyZurich university of applied sciencesCrime preventionZurich universityApplied sciencesFederal financial supervisory authorityPersonal financeFinancial marketsState budget and tax

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