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Tax Deal with Switzerland in Doubt

Published: August 13, 2012; 17:44 · (Vindobona)

After a CD containing data of foreign tax evaders was bought by German authorities, Switzerland may hold a popular vote on the tax deal with Austria.

Tax Deal with Switzerland in Doubt / Picture: © Schweiz Tourismus

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. 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.

Until September 27, the opponents of the tax deal between…

This article includes a total of 201 words.

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