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A new committee would not necessarily yield more accurate figures than the ones reached through previous inquiries, the Swiss Federal Council said in its reply published Thursday in Le Matin, a Swiss French-speaking daily, to a request by Swiss
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Under pressure from the European Union the Swiss government has outlined plans to scrap controversial tax privileges for international firms. But the reform risks undermining the complex federal fiscal system and leading to a major drop in revenue.
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The Alpine state is to implement a 'safeguard clause' putting quotas on work permits for jobseekers from the European Union for the next 12 months. Although Switzerland most fears being swamped next year by economic refugees from Bulgaria and Romania,
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Members of the Federal Assembly of Switzerland have submitted an interpellation on the crisis inside Tibet, urging the Swiss Federal Council for concrete solutions and measures to show its solidrity with the Tibetan people. The parliamentary
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Analysis & Opinion Swiss President Eveline Widmer-Schlumpf awaits the start of the men's singles tennis gold medal match between Britain's Andy Murray and Switzerland's Roger Federer at the All England Lawn Tennis Club during the London 2012 Olympic
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Switzerland is trying to shed its image as a haven for tax cheats and has already struck deals with Germany, Britain and more than a dozen other countries to return a share of foreign money hidden in Swiss banks. The Finance Ministry statement
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Morteza Nikoubazl Switzerland, a pivotal banking giant and one under whose aegis much international trade is transacted, is crucial in imposing meaningful sanctions on Iran. Swiss dillydallying can do proportionally greater harm than equivocation on
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Swiss lawmakers are set to back a tax proposal with the United States on Wednesday in a move which could pave the way for Switzerland to settle a US probe into Swiss banks and hidden offshore accounts. The lower house will vote on a proposal
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Text Size The Swiss government said on Wednesday it had tasked an expert with clarifying supervision of the Swiss National Bank after its chairman Phillipp Hildebrand resigned over a currency trading scandal. Share This Story After auditors found the
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Getty Images Even for the 51 weeks a year when Davos is just another ski resort, Switzerland is renowned as a haven for multimillionaires in search of a quiet life and a minimal tax bill. Lewis Hamilton and Phil Collins are among the Brits who have
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