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.
G7 protestors up pressure on canton
The pressure on Geneva authorities over Sunday's anti-G7 protest is growing, with the No-G7 coalition now formally calling for the resignations of cantonal minister Carole-Anne Kast and prosecutor general Olivier Jornot.
Parliament now says 'yes' to nuclear power
Parliament has reversed course on new nuclear power plants.
SNB keeps interest rates at zero
The Swiss National Bank has kept its key interest rate at 0% for the fourth time in a row.
No school for small kids next week
Geneva is taking exceptional measures as a heatwave pushes temperatures towards 37 this weekend.
Switzerland on verge of moving to knockout stage
Switzerland is on the brink of the knockout stage of the World Cup after a convincing 4-1 victory over Bosnia and Herzegovina.
Emergency heatwave plans active
Geneva and Vaud are activating their heatwave plans from today as temperatures could climb to 37 over the next couple of days.
