Switzerland: Tax Haven No More?


Switzerland is set to introduce more tax obligation requirements for foreign clients of its banking industry in the future, said the country’s Finance Ministry on Wednesday, in an attempt to clean up its image as a haven for overseas tax evasion.

Switzerland – Fast Facts


Switzerland comes under the high-income OECD group countries as to the classification made by the World Bank on the basis of income and region for the year 2006.

Switzerland Economic Forecast


Switzerland has a free market economy, one that has long been rich and stable. The workforce within this country is extremely skilled and for the Gross Domestic Product per capita, this country ranks as one of the highest in the world. The strongest sector for Switzerland is services, specifically in connection to financial services but the industrial manufacturing sector is also relatively strong primarily for high technology and production of knowledge based goods.