The pandemic has hit last year’s tax revenue. The latest 2020 numbers from the Confederation show total revenue was just under CHF 54bn – almost down CHF 4bn on the previous year.
VAT income was also down by CHF 400m.
But federal income tax was up on 2019 – mainly down to the fact it’s calculated on the previous year’s activity.
Govt to delay funding decision for UNRWA
The Swiss government is putting off a decision on whether to re-start funding to the UN Palestinian relief organisation UNRWA.
Potential terrorist arrested in neighbouring France
A teenager threatening to attack the Paris Olympics has been arrested in neighbouring France.
New plan to pay for P+R in France
The canton of Geneva is proposing a new plan on how to finance Park and Ride schemes in neighbouring France.
Nestlé throws mineral water away
The Swiss food giant Nestlé has been forced to destroy several batches of its mineral water brand, Perrier, due to a bacterial contamination.
Sheep head prankster found
The person responsible for placing two sheep heads in the toilets in a Geneva school has been identified – and the investigation has been closed, according to the police.
Former president says Switzerland should join EU
A former member of the Federal Council says the only way Switzerland will achieve its European goals is by becoming a full member of the European Union.
