Stay updated with breaking news from Stefan kuhn. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ZURICH : Swiss citizens vote this weekend on whether to raise business tax to 15 per cent from an average of 11 per cent to align with a global minimum tax rate, although even with the rise the country would still have one of the lowest corporate tax levels in the world. In 2021 almost 140 countries inclu ....
Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to align with a global minimum tax rate, although even with the rise the country would still have one of the lowest corporate tax levels in the world. In 2021 almost 140 countries including Switzerland agreed to an Organisation for Economic Cooperation and Development (OECD) deal to ensure large companies pay a minimum tax rate of 15%, to prevent them trying to avoid taxation by transferring profits to low tax countries. ....