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Tag Archives: Swiss referendum

Swiss to vote on higher company taxes

On 18 June 2023, Swiss voters will choose whether to accept the federal government’s plan to raise the company tax rate applied to large multinationals to a minimum of 15%. Swiss Franc © Makasanaphoto | Dreamstime.comThe minimum 15% tax, which will apply to any company with annual revenues of Euro 750 million or more, has essentially been forced on Switzerland by the OECD. Some countries increase their tax bases and the total tax they collect by attracting foreign companies with...

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Referendum: Swiss to vote on ending EU agreement

On 27 September 2020, Swiss voters have many decisions to make. This time the list of votes includes decisions on fighter jets, hunting, tax deductions for child care and paternity leave. Probably the most important among them is a decision on whether to accept a proposal to end the EU agreement on the free movement of people between Switzerland and the bloc, known as the Limitation Initiative. © Miriam Doerr | Dreamstime.comThe agreement between Switzerland and the EU on the free...

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Economiesuisse warns of economic dangers of vote against foreign judges

The business and industry association Economiesuisse says the up-coming vote on 25 November 2018 on self-determination puts the Swiss economy at risk. © Nattanan726 | Dreamstime.com The Swiss People’s Party led initiative entitled: Federal law instead of foreign judges, aims to cement the primacy of Swiss law over international law by adding a clause to Switzerland’s constitution. The Federal Council, Switzerland’s executive, has said the change would create a legal straight jacket that would...

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Sovereign Money Referendum: A Swiss Awakening to Fractional-Reserve Banking?

On Sunday 10 June 2018, Switzerland’s electorate voted on a referendum calling for the country’s commercial banks to be banned from creating money. In a country world-famous for its banking industry, this was quite an interesting turn of events. Known as the Sovereign Money Initiative or ‘Vollgeld’, the referendum was brought to the Swiss electorate in the form of a ‘Popular Initiative‘. The Sovereign Money referendum...

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