Cabinet moots steps to clean-up tax haven image

Finance Minister Widmer-Schlumpf explains the main points of the cabinet's approach on the financial centre strategy

The Swiss government has agreed in principle on extending due diligence requirements of banks and improved legal assistance on tax matters with other countries.

The finance ministry has been mandated to prepare concrete measures by next September in a bid to strengthen Switzerland’s financial centre, which is facing sustained pressure by several countries, including the United States.

Lucerne's lion monument: a must-see for Chinese visitors

Swiss tourism: a tale of two markets

In common with many other industries in Switzerland, the ailing tourism sector is being kept afloat by stable domestic consumption and strong growth in Asia.

David Schäfer, Gustavo Salami and Anders Bally, the founders of Somexcloud

Swiss News

Swiss business jumps on social media wave

Social-media for business is growing in popularity in Switzerland as firms race to get up their staff up to speed with tools like facebook, LinkedIn and Twitter.

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User comments

solange Demole, Switzerland

The success we encounter with Asia should encourage us to create accomodations of quality for these new tourists (since...

Steven Spadijer, Australia

Of course, there is another way to deal with a tax dispute involving these "foreign" countries: tell them to get...

JohnM, Australia

Gosh. Do you mean to say that people who are interested in doing well for themselves tend to support a party that...

max, Switzerland

R.Wegmann makes a point. Turkey and Egypt are fairly tolerant to Christians. However, in many Islamic countries they are...

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At a time of increased global migration, asylum policy is in the spotlight.

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As the tax dispute continues to gather pace between Switzerland and the US, expatriates are finding themselves caught in the crossfire.

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