CORPORATION TAX COMPROMISE SOUGHT AS EU THREATENS BLACKLISTING

Swiss Finance Minister Eveline Widmer-Schlumpf says the country is searching for an alternative to its current low tax regime for multinational corporations, under severe pressure from the OECD, G20 and European Union.
Under pressure from the European Union the Swiss government has outlined plans to scrap controversial tax privileges for international firms. But the reform risks undermining the complex federal fiscal system and leading to a major drop in revenue.
http://globalserve.com.cy/switzerland-corporation-tax-compromise-sought-as-eu-threatens-blacklisting/

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