A court in Zurich has rejected an appeal by the renowned Swiss art collector and financier Urs Schwarzenbach in two cases of tax evasion in connection with the import of works of art.
This content was published on
1 minute
Key-SDA/SRF/SWI, urs
Português
pt
Tribunal aumenta as multas contra colecionador de arte suíço
The court also decided to increase from CHF8.5 million ($8.5 million) to 9.6 million the fines compared with a previous court verdict, it was announced on Monday.
Judges also massively increased the fines against Schwarzenbach’s lawyer.
It is the latest stage in legal proceedings which began about eight years ago, against the billionaire financier and five-star Dolder Grand hotel in Zurich.
The Zurich appeals court had to review the two cases and set the amount of the fines following a decision by the Swiss Supreme Court.
The 74-year old Schwarzenbach claimed in court that the statute of limitations should apply.
Both the customs authorities and the Schwarzenbach announced they will take the case again to the Federal Court.
Macron will attend Swiss summit on Ukraine, says Zelensky
This content was published on
French President Emmanuel Macron will attend the peace conference on Ukraine at the Swiss Bürgenstock resort next month, according to Volodymyr Zelensky.
Top politician tells ‘corrupt’ Eurovision to stay away from Bern
This content was published on
A social media post by the president of Bern’s cantonal government critical of the Eurovision Song Contest has created waves and will be discussed in the cantonal parliament.
Swiss centre records over 200 victims of human trafficking
This content was published on
Last year 317 people took part in a protection programme run by the Specialist Unit for Trafficking in Women and Women’s Migration (FIZ) in German-speaking Switzerland.
This content was published on
The Geneva-based International Committee of the Red Cross (ICRC) and partners are opening a field hospital in southern Gaza on Tuesday.
Lack of smartphone sustainability in Switzerland hits environment
This content was published on
Almost half of all Swiss citizens hang on to their old smartphones, tablets and laptops, according to the Federal Statistical Office.
Police clear out pro-Palestinian students protesting in Geneva
This content was published on
The police intervened early on Tuesday to dislodge pro-Palestinian students who had been occupying the University of Geneva for almost a week.
New gel developed in Zurich renders alcohol harmless
This content was published on
A newly developed gel composed of whey proteins breaks down alcohol in the body and could reduce its harmful and intoxicating effects in humans.
Pro-Palestine protests extend to Basel and Fribourg universities
This content was published on
Demonstrators called for an academic boycott of all Israeli institutions and disassociation with Chaim Weizmann, the first Israeli president.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Swiss billionaire’s enforced art collection auction halted
This content was published on
The Swiss courts had previously found Urs Schwarzenbach guilty of evading taxes by illegally importing works of art into the country. The authorities had seized 158 works of art from his collection, including some that were hanging in the prestigious Dolder Grand hotel in Zurich, which the Swiss financier owns. The works, including those by…
Swiss justice: Art collector must pay CHF11.4 million arrears on VAT
This content was published on
Art collector Urs Schwarzenbach has been ordered to pay CHF11.4 million ($11.5) in value added tax (VAT) arrears by Switzerland's highest court.
Swiss billionaire given heavy fine for illegal art imports
This content was published on
A Swiss court has fined billionaire Urs Schwarzenbach CHF4 million for failing to properly declare some 200 artworks imported into Switzerland.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.