Geneva does not reduce taxes for entrepreneurs
Published: Sunday, Sep 22nd 2024, 13:40
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Taxes for entrepreneurs are not to be lowered in the canton of Geneva. According to provisional results, the bill will be rejected on Sunday with 58% of votes against.
The amendment to the law on the taxation of natural persons was intended to support the local economy. It was opposed by the left and trade unions in a referendum due to feared tax losses of CHF 30 million per year.
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