The Swiss government is introducing a major tax reform which will reduce Switzerland’s national corporate tax rate from 16.8 percent to about 13.5 percent, some cantons, such as Nidwalden, could even have corporate tax rates below 10 percent.
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Renminbi Hub in Switzerland has 13 partner banks
In 2016, the China Construction Bank (CBC) established the Renminbi Hub in Switzerland and since then, is developing cross-border business with the currency in...