Tag: US Relations
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Switzerland Abandons Digital Tax to Avert Conflict with Washington
In recent weeks, Switzerland has made headlines by deciding to abandon plans for a digital tax aimed at American tech giants. This development comes amid ongoing parliamentary initiatives advocating for the imposition of a digital tax on major companies like Google, Amazon, and Facebook, which have long benefited from the country’s favorable tax regime. The…
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Switzerland Abandons Digital Tax to Avoid Tensions with Washington
Switzerland, long known for its diplomatic finesse, has recently shifted gears regarding its stance on a proposed digital tax aimed at American tech giants. As discussions around the digital economy continue to evolve, the Swiss Federal Council has now decided to abandon its plans for a digital tax, a move aimed at preventing potential diplomatic…