Wealth and Asset Management
Swiss reject millionaire inheritance tax fearing wealth exodus
Switzerland voted to reject a 50% inheritance tax on super-rich residents after wealthy entrepreneurs threatened to leave the country. Some 82% of the electorate opposed the plan, according to a preliminary government estimate on Sunday. Polls ahead of the plebiscite had suggested such an outcome. The left-wing Young Socialists group…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Yahoo Finance