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Sawiris’s Andermatt Resort Got Tax Breaks, SonntagsZeitung Says

Jan. 30 (Bloomberg) -- Egyptian billionaire Samih Sawiris’s development in Andermatt, Switzerland, got tax breaks from canton Uri, SonntagsZeitung reported.

Andermatt Swiss Alps AG sought tax reductions from the canton in 2007 and got them for 10 years, the newspaper said, citing canton’s finance director Josef Dittli.

To contact the reporters on this story: Elena Logutenkova in Zurich at elogutenkova@bloomberg.net

To contact the editors responsible for this story: Frank Connelly at fconnelly@bloomberg.net;

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