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Swiss News

July 26, 2007 Swiss News

«A low-tax strategie is put to the test»

On June 1, 2007 the Swiss Federal Court decided that Obwalden's taxation system was out of line with its constitution and annulled two aricles of the law with immediate effect. The Obwalden government reacted swiftly and inroduced the first flat-rate system ever known in Switerland. The initial success has been notable

Swiss News_20070801