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Switzerland: Popular Vote on Tax Treaty with Austria?

Published: July 17, 2012; 17:13 · (Vindobona)

The bilateral tax treaty should bring Austria up to € 1.0bn After the treaty is signed and ratified, a popular vote may prevent the deal now.

Switzerland: Popular Vote on Tax Treaty with Austria? / Picture: © Flickr

The tax deal with Switzerland is threatened to fail. For Austria, this would mean a loss of tax intake of more than € 1.0bn. In Switzerland, the young socialists and a citizens forum want to hold a popular vote on the tax treaty. Some weeks ago, the leader oft he Swiss social democrats Christian Levrat considered that Austria attempts to reach a special arrangement in the EU in order…

This article includes a total of 341 words.

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