Finance and tax policy

Article as analysis

Corporate Tax Reform III: The new tax loophole

Corporate Tax Reform III was originally meant to eliminate the Swiss corporate tax haven. The notional interest deduction is now thwarting this intention entirely. It is also likely to harm developing countries.
Article as analysis

No more the sour apples!

The Apple tax avoidance scandal and the Federal Council's draft Law on Country-by-Country Reporting show that there is no way around publicly accessible corporate reporting by multinational corporations.
Article as analysis

Banking secrecy undead

Automatic financial account information exchange is reserved for a club of rich countries. Tax evaders from poor countries will still be able to conceal their money in Swiss accounts in the future.
Article as analysis

Transparent corporations still a long way off?

Country-by-Country Reporting for enterprises is very high on the OECD's agenda. This makes tax transparency an issue for corporate groups in Switzerland as well. Despite this, developing countries (still) have nothing to rejoice about.

Food speculation: need for regulation

Speculation with food generates huge price swings, which can have dramatic consequences especially for the poorest in the global South.

No more potentate funds

In 2014, the Federal Council proposed a law on the treatment of dictators' stolen assets, or potentate funds. At last a good law was adopted in December 2015 despite resistance from right wing parties and some shortcomings.
Article as analysis

Corporate Tax Reform harming the poor

The Swiss Parliament is discussing corporate tax reform III. In development policy terms, with this reform Switzerland is going from the frying pan into the fire.
Article as analysis

Ridge walking on the debt mountain

Many poor developing countries are suffering under a huge mountain of debt. Consequently, the UN is at long last discussing a regulated debt restructuring procedure. Switzerland is slowing things down.
Political article

Corporate Tax Reform III – the South left out

Multinational corporations should pay taxes in the places where they make their profits. Reality is completely different. And with the Corporate Tax Reform III, Switzerland wants to offer them new possibilities for aggressive tax avoidance.