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The G7 includes the UK and Switzerland-by-proxy of the EU, since Switzerland is in the European Market. They're not signing anything against their wishes. They'
by philistine 5y ago
The G7 includes the UK and Switzerland-by-proxy of the EU, since Switzerland is in the European Market. They're not signing anything against their wishes. They're trying to water down the deal. The question at play here is whether or not they'll get away with it, and I sure hope they don't. Giving exemptions to the rule will create massive incentives to game those exemptions.
- Rochus 5y agoAgain, a lot of disinformation is spread to create envy. The current average profit tax rate in Switzerland is 15.1%. Here is a recent article on this: https://www.organisator.ch/steuerreport-2020-vergleichsweise-tiefe-unternehmenssteuern-in-der-schweiz/ https://www.organisator.ch/steuerreport-2020-vergleichsweise... There are a lot of places with lower or even zero taxes (even some within the USA).
- tjoff 5y agoHow is average relevant? And why would they go out of their way to avoid something they already do?
- Rochus 5y agoWhy should it not be relevant? You also know the minimum and maximum rate. A lot of big international companies are in Zurich where the rate is ~21% and among the highest in Switzerland. There are obviously criteria other than taxes, such as personnel trained at one of the world's top technical universities (ETH Zurich).