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Business · 1 hour ago

Swiss upper house backs tax on firms hiring foreign workers

Swiss upper house backs tax on firms hiring foreign workers

Switzerland's upper house has supported a new immigration tax on companies that hire foreign workers. A minimum charge of 2,000 francs ($2,400) per worker is suggested for the levy, which would be enforced if immigration, joblessness, or welfare claims surpass specified thresholds. Lawmakers want to introduce this if voters approve closer cooperation accords with the European Union.

Reported by news.bloomberglaw.com · How we write briefs

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