Private Bankers Demand Tax Breaks On Criminal Fines – ValueWalk Premium
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Private Bankers Demand Tax Breaks On Criminal Fines

Private Bankers Demand Tax Breaks On Criminal Fines by Matthew Allen, SwissInfo.ch

Should Swiss taxpayers foot part of the bill for the criminal misbehaviour of companies? Private bankers believe that billions of francs in fines imposed by other countries for tax evasion offences should be tax deductible.

The reason? Swiss banks should not be responsible for upholding the laws of foreign countries . . .

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