Archive – Banking & Fintech

Government predicts CHF2.3 billion budget surplus

This content was published on Aug 15, 2018 On the basis of figures available at the end of June, the government forecasts an additional CHF1.3 billion in revenue thanks to more withholding taxes (CHF500 million), federal taxes (CHF500 million) and value added tax (CHF200 million). The increase in tax collection was attributed to economic growth. Swiss GDP is expected to grow by 3%…

VAT on online purchases from abroad from 2019

This content was published on Aug 15, 2018 The measure will come into effect on January 1, 2019. Currently, online purchases from abroad that attract less than CHF5 ($5.01) in VAT are exempt. This translates into an upper limit of CHF200 worth of books or CHF62.50 of goods that don’t benefit from a favourable tax status. According to the VAT reform passed in…

Why Swiss people use CHF200 banknotes

This content was published on Aug 15, 2018 The Swiss National Bank is rolling out its newest banknote – and it’s one that people will actually use in the high street despite its high value.

Swiss cereal harvests set to drop in 2018 after hot weather

This content was published on Aug 14, 2018 Bread wheat, barley, and rapeseed harvests look set to be considerably lower in 2018 due to the prolonged drought-like conditions.

Release of ex-UBS banker data would harm Swiss interests, rules court

This content was published on Aug 14, 2018 A court in Switzerland has dismissed the appeal of a journalist demanding access to official documents about ex-UBS banker Raoul Weil.

Zurich scientists urge state pension fund to divest from fossil fuels

This content was published on Aug 14, 2018 Experts at Zurich’s Federal Institute of Technology call on the federal pension fund to stop investing in climate-damaging companies.

Swiss public transport given good marks for cost-effectiveness

This content was published on Aug 14, 2018 Using public transport infrequently in Switzerland is expensive, but thanks to new special offers, it does well when it comes to value for money.

Zurich bank settles tax evasion probe with US

This content was published on Aug 14, 2018 The Zürcher Kantonalbank has agreed to pay the US Department of Justice $98.5 million to resolve investigation into its role in tax evasion.

The turbulent history of the Palais Wilson

This content was published on Aug 13, 2018 The story behind the Palais Wilson in Geneva - home to the Office of the UN High Commissioner for Human Rights.

Destroyed road in the mountain village of Bondo

No trace of Bondo landslide victims 12 months on

This content was published on Aug 13, 2018 The latest attempt to recover the remains of eight people swept away by a landslide in southeastern Switzerland last year has been unsuccessful.

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Government predicts CHF2.3 billion budget surplus

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VAT on online purchases from abroad from 2019

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Why Swiss people use CHF200 banknotes

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Swiss cereal harvests set to drop in 2018 after hot weather

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Release of ex-UBS banker data would harm Swiss interests, rules court

More

Zurich scientists urge state pension fund to divest from fossil fuels

More

Swiss public transport given good marks for cost-effectiveness

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Zurich bank settles tax evasion probe with US

More

The turbulent history of the Palais Wilson

More

No trace of Bondo landslide victims 12 months on

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