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Anyway, it seems like a mystery to me why tech firms like Google set up shop in small expensive Zurich instead of say cheaper, bigger Barcelona or Vienna, for e
by guest 10y ago
Anyway, it seems like a mystery to me why tech firms like Google set up shop in small expensive Zurich instead of say cheaper, bigger Barcelona or Vienna, for example.
The reason is simple: tax-evation and the like.
- sschueller 10y agoBut why Zürich which has a relatively high tax rate compared to for example Zug?
- aaronds 10y agoIsn't one appeal of the city being able to attract talent from ETH Zurich?
- cloudjacker 10y agoThats a funny conclusion about Vienna because Austrian banks are great for tax evasion and pretty much reporting of anything. Some jurisdictions market slight nuances in their laws to foreigners as a perk, and other jurisdictions simply have, and if you can read you can avoid the stereotypes.
- the_mitsuhiko 10y agoFWIW you are an idiot if you use Austrian banks for tax evasion.
- cloudjacker 10y agoNow, yes