Скачать или смотреть The Story of Swiss 🇨🇭 Tax haven

Why is Switzerland 🇨🇭 considered to be a Tax haven ?
Let's find out.

Since the middle of the 20th century, Switzerland has been one of the major offshore financial centres and tax havens in the world, and is known as the "grandfather of bank secrecy," but why is that ?
The Great Council of Geneva, which prohibited the publication of information about the European upper class in 1713, is credited with establishing bank secrecy in the Swiss territory.
Switzerland stayed neutral throughout World War II, but its banking system aided the Axis forces by keeping gold and other valuables in underground vaults.
Banking in Switzerland provides prospects for financial stability and growth.
The nation provides benefits for security and privacy. However, rich people are required to make huge payments on the money they keep.
This image however has changed since the U.S and the E.U have repeatedly pressurized the country to reveal the names of bank account holders.



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