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Switzerland will hold a referendum on introducing an inheritance tax

Switzerland will hold a referendum on introducing an inheritance tax

At the moment, inheritance in Switzerland is not subject to tax. But members of the Swiss Socialist Youth movement and environmental activists have already collected 108,988 signatures in support of the initiative to introduce a 50% inheritance tax on assets exceeding 50 million francs.

The initiators calculated that the innovation would bring in about 6 billion francs annually. In their opinion, this amount should be spent on climate protection and green transformation of the economy.

A referendum is due to take place soon, where voters will be able to express their views.

Let us remind you that consultations are also underway in Switzerland on the implementation of new rules to combat money laundering.

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