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Swiss Pass OECD Minimum Tax, 2050 Climate Goal in National Vote

From bnnbloomberg.ca

Swiss voters are set to back raising corporate taxes for large multinationals to the 15% minimum level agreed by OECD countries. A separate ballot on climate goals is also likely to pass. The tax increase was supported by 79% of the electorate, according to initial data from national broadcaster SRF and GFS Bern. A vote in favor, which was expected based on polls, clears the final hurdle for its implementation next year. With the slogan “So the money stays in Switzerland” the government and most parties had been calling for ‘yes’ votes. A rejection of the measure would have allowed other countries to pocket the ... (full story)

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  • Category: Fundamental Analysis