A Tax on the Ultra-Wealthy: Switzerland Prepares for High-Stakes Referendum
The Swiss referendum on inheritance tax is causing concern in the private wealth sector. By Livia Giannotti
National stereotypes can be a dangerous thing, but some exist for good reason. Take Switzerland’s reputation as a haven for private wealth, which has been based on firm foundations, such as its banking privacy laws and friendly tax regime.
A left-wing youth movement in the country, led by Mirjam Hostetmann, has gathered 100,000-plus signatures in support of its proposal for a federal inheritance tax on the super rich.
Switzerland topped a recent UBS ranking of countries according to average wealth per adult, little wonder its reputation as a haven for private wealth.
A left-wing youth movement in the country (led by Mirjam Hostetmann) has gathered 100,000-plus signatures in support of its proposal for a federal inheritance tax on the super rich.
Author's summary: Switzerland may introduce a tax on the ultra-wealthy.
More News
- UO’s celebration of Indigenous lives - Daily Emerald
- How is UW supporting job seekers with disabilities?
- Queer Issues are Human Issues - The McGill Daily
- Dear ASEAN Leaders: Trumpism Is Not A Temporary Phenomenon. Here’s Why?
- Landmark New Report Shows Canadian Lobbyists Represent Major Polluters Alongside Environmental Groups
- It’s All About Dance Music as Dexter Community Band Kicks Off its 2025-26 Season - The Sun Times News
- Lightning place forward Mitchell Chaffee on waivers
- Giving States Waivers From Accountability Is a Dangerous Step Backward for Kids
- #EyeOnMelissa: Holness urges residents to stay away from Sandy Gully as hurricane approaches - Jamaica Observer
- LPD searches for motor vehicle theft suspect