Photographer: Harold Cunningham/Bloomberg

Geneva’s Corporate-Tax Fight Becomes ‘Mother of All Battles’

Updated on
  • Canton seeks attractive rate as EU pushes to scrap tax breaks
  • Fiscal reform will create hole in Swiss canton’s finances

When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had most to lose. Now, the canton that’s home to almost 1,000 multinationals is set to use tax to burnish its appeal.

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