| 19.10.2012 - Commod traders tax breaks end: Geneva |
| Geneva plans to eliminate tax breaks for commodity trading houses by 2018, bowing to European Union (EU) pressure at the risk of helping drive away businesses which account for a big part of its financial sector. Switzerland has come under pressure from the EU to end so-called fiscal holidays, including those which Geneva offers to major trading firms such as Vitol, Mercuria and Gunvor...............................................Full Article: Source |