Switzerland recently signed two agreements – with Germany and the UK – with a view to introducing a (final) withholding tax which will be collected, in principle from 2013, on assets belonging to residents in these countries, deposited in Swiss banks. It represents a significant step in the implementation of a policy, wanted [...]
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Posted on July 3rd, 2011
The debate on regulation and over-regulation has been around for some time and is not limited to the banking and financial sector. In Switzerland and many other countries across the world, a large number of economic activities are subject to heavy and restrictive legislation. For example, in the medical and pharmaceutical sector or [...]
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Posted on September 2nd, 2010
Now three years ago, the financial crisis began in mid-summer 2007. Despite periods of remission, it is still not under control and has even spread in some eurozone states. States which have got themselves into serious debt, particularly (but not only) bailing out their banks will be tempted to make the latter pay the political [...]
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