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Foreigners in Switzerland: EU, Efta citizens up nearly 7% in 2008rnation

GenevaLunch News Neuchatel, Switzerland (GenevaLunch) – Switzerland’s resident foreign population continued to grow in 2008, but the makeup of it shifted, a reflection of stronger ties with the...

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UBS reported to speed up liquidation or transfer of undeclared US accounts

GenevaLunch News Zurich, Switzerland (GenevaLunch) – Swiss bank UBS will close or transfer Wednesday 1 July, a month early, all US resident bank accounts that are not declared to US tax authorities, an...

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Swiss-US tensions: welcome to banking hell

GenevaLunch News Update 25 July 07:20  Switzerland (GenevaLunch) - Two well-known Swiss cooperative banks, Migros and Bank Raiffeisen, have made changes in recent weeks to their policies concerning...

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10 Tamil Tigers arrested after nationwide sweep

GenevaLunch News Huge money-laundering “pyramid” operation uncovered Police seek local Tamils who were victims to give evidence Bern and Geneva, Switzerland (GenevaLunch) – Ten members of LTTE, the Sri...

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Crime down in Switzerland in 2010, but picture mixed

GenevaLunch News Neuchatel, Switzerland (GenevaLunch) – The overall crime rate fell by 1 percent in Switzerland in 2010, but the picture was mixed, figures released by the federal government Monday 21...

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Swiss ministry confirms holding “informal” tax, bank accounts talks with US

GenevaLunch News BERN, SWITZERLAND – A Swiss spokesman for the new State Secretariat for International Financial Matters (SIF), Mario Tuor, has confirmed that Switzerland and the US have been holding...

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Geneva one of smallest, most dynamic – and expensive – corners in Switzerland

GenevaLunch News GENEVA, SWITZERLAND – Geneva comes out looking pretty but at a price, in the latest “location quality” comparison drawn up by bank Credit Suisse for Swiss cantons. The report issued 22...

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UK, Swiss sign tax agreement: “long-term impact on capital income”

GenevaLunch News BERN, SWITZERLAND – Switzerland and the UK initialled, as expected, a tax agreement Wednesday 24 August, under which the Swiss will collect a withholding tax in future, and transfer...

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