Geneva plans to eliminate tax breaks for commodity trading houses by 2018, bowing to European Union (EU) pressure at the risk of helping drive away businesses which account for a big part of its financial sector.
Switzerland has come under pressure from the EU to end so-called fiscal holidays, including those which Geneva offers to major trading firms such as Vitol, Mercuria and Gunvor………….
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On October - 19 - 2012 Articles of Interest
