US EditionSwitzerland’s Proposed Inheritance Tax Could Undermine Wealth Hub Status
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Switzerland proposed inheritance tax undermines wealth hub status
Switzerland’s reputation as a magnet for ultra-high-net-worth (UHNW) individuals may soon be under threat. A proposed nationwide 50% inheritance tax aimed at estates over CHF50m ($55m) will be put to a referendum among the population. The measure aims to address wealth inequality and fund pensions. However, its long-term implications could significantly erode Switzerland’s appeal as a safe haven for the world’s wealthiest families, thus creating…
Switzerland’s proposed inheritance tax could undermine wealth hub status
Switzerland’s reputation as a magnet for ultra-high-net-worth (UHNW) individuals may soon be under threat. A proposed nationwide 50% inheritance tax aimed at estates over CHF50m ($55m) will be put to a referendum among the population. The measure aims to address wealth inequality and fund pensions. However, its long-term implications could significantly erode Switzerland’s appeal as a safe haven for the world’s wealthiest families, thus creating…
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