Switzerland will make sure it remains attractive to business, the government said, after Group of Seven (G7) nations reached a landmark deal to reduce the incentive of multinational companies to shift profits to low-tax offshore havens.
The finance ministry said on Monday that traditionally low-tax Switzerland had taken note of the G7’s declaration of intent.
“For Switzerland, the focus is on the overall package of competitive framework conditions for its own business location. Either way, Switzerland will take the necessary measures to continue to be a highly attractive business location’’, it added. — Reuters
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