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S U B S C R I B E
Monday, 16 April, 2012
'Nobody wants to be called a tax haven'
Switzerland has a well-earned reputation among big multinational companies as a great place to do business. Think Glencore, Philip Morris and Proctor & Gamble just to name a few. No doubt the excellent quality of life and stable government count for something. But it’s the cut-price corporate tax rates that really swing it. So are they getting too good a deal? The recent furore over the Brazilian mining company Vale in the canton of Vaud suggests that many people think they are. WRS’s Adam Beaumont spoke to Rudolf Minsch, chief economist at Economiesuisse, and Nicholas Shaxson from the Tax Justice Network. He began by asking Rudolf Minsch whether Switzerland was getting a fair deal:
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