Swiss economics minister doesn’t fear exodus of companies
Swiss Economics Minister Johann Schneider-Ammann has downplayed concerns that Swiss-based American firms might relocate to the United States in the wake of tax reform.
This content was published on
1 minute
swissinfo.ch with SDA-ATS/ug
Speaking in Davos ahead of a visit by US President Donald Trump, Schneider-Ammann said that if he were head of an American company he would think twice before such a relocation, since there is no guarantee the tax breaks will still be in place a few years from now.
Echoing similar statements to the Swiss media at the weekend, Schneider-Ammann added that Washington had every right to woo American companies, and competition was welcome.
But he said Switzerland could offer an unbeatably stable political system, along with fresh plans to reform the corporate tax system following voters’ rejection of an overhaul last year.
In an interview with the Swiss News Agency, SDA-ATS, Schneider-Ammann also said a planned ministerial meeting of members of the World Trade Organization (WTO) in Davos on Thursday would try to put negotiations on multilateral trade accords back on track.
He said it was a difficult task to take in the interests of all the WTO member states.
More
More
The Davos daily dose: WEF video diary
This content was published on
Each day, business correspondent Matthew Allen reports live from the WEF Annual Meeting via Facebook.
Israel: president of Swiss universities rejects academic boycott
This content was published on
Luciana Vaccaro, president of Swissuniversities, the umbrella group of Swiss universities, is not in favour of an academic boycott of Israeli universities.
First large-scale alpine solar plant approved in Switzerland
This content was published on
The approval was met with satisfaction by the project's organisers, but it also brings with it a certain amount of pressure.
Medieval squirrels may have ‘helped spread leprosy’
This content was published on
An examination of squirrel remains in the United Kingdom has opened up interesting questions and possibilities in terms of the history of the disease.
Swiss money laundering office registers record number of reports
This content was published on
The Money Laundering Reporting Office Switzerland (MROS) registered a record number of reports of suspicious activity last year.
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 president calls for more international collaboration at WEF
This content was published on
“We face multiple challenges,” said Berset, referring to the emergence of instability in many parts of the world, long-lasting armed conflicts, climate change, and global inequalities. According to him, reducing these uncertainties and ensuring the security and well-being of the population requires a strong commitment by international institutions to security, peace, and human rights. But…
Republicans Overseas: Trump’s Davos visit is about ‘America First’
This content was published on
The presence of United States President Trump at next week’s WEF meeting is a chance for Switzerland to discuss American corporate tax reform.
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.