When Tax Shelters Cave In
In Switzerland wealthy foreign residents who do not have any local earnings can negotiate a special annual tax fee that is based on their expenditure. This has been providing people like Shania Twain a lucrative discount compared to the income tax that they would pay in their home country.
The Swiss municipal governments may be in the process of deciding that this is too good to last. I can only assume that the slow process of deciding on a change is because they have to figure out how to squeeze some golden eggs out of these rich people with out squeezing too hard.
