A new study from the University of St. Gallen is calling for Switzerland to scrap the OECD minimum tax introduced just two years ago.
Researchers say the global tax deal has failed to gain the international backing originally expected, with only thirty-three countries fully implementing the rules so far.
Tax law professor Peter Hongler warned the measure could now damage Switzerland’s competitiveness and create legal uncertainty.
Army to boost drone training
The army is ramping up its drone capabilities, saying modern warfare has changed dramatically.
Economy beats expectations
Switzerland’s economy has grown more strongly than expected at the start of the year.
Ukrainian refugees will cost more from next year
Thousands of Ukrainian refugees in Switzerland could soon gain longer-term residency rights, but the change is raising concerns over the cost to cantons and municipalities.
China warns of Swiss petty crime
China has placed several major Swiss cities, including Geneva, Zurich and Lausanne, on a list of higher-risk locations for Chinese tourists.
New Swatch watches resold with massive mark-ups
The new “Royal Pop” pocket watch from Swatch and Audemars Piguet is already being resold online for extraordinary prices, just days after launch.
Now medics against 10 million vote
Yet another group has come out against the Swiss People's Party immigration initiative - medics.
