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  #1  
Old 02.04.2008, 16:02
Nev
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UBS to cause tax shortfall in CH

Knock on effect of UBS debacle. Swiss finance minister expects tax shortfall.
http://www.marke****ch.com/news/stor...%7D&dist=msr_1
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Old 02.04.2008, 16:04
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Re: UBS to cause tax shortfall in CH

here's the link again.
http://www.marke****ch.com/news/stor...%7D&dist=msr_1
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  #3  
Old 02.04.2008, 16:05
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Re: UBS to cause tax shortfall in CH



Think you've fallen foul of the censorware there, what could the rude word be?
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Old 02.04.2008, 16:08
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Re: UBS to cause tax shortfall in CH

Can't understand why the link won't post but basically says they expect shortfall of 1 bn since UBS won't have profits to pay tax on. Add to that they expect UBS won't pay dividend so shareholders will pay less taxes.
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Old 02.04.2008, 16:09
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Re: UBS to cause tax shortfall in CH

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Think you've fallen foul of the censorware there, what could the rude word be?
M a r k e t w a t c h
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Old 02.04.2008, 16:10
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Re: UBS to cause tax shortfall in CH

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M a r k e t w a t c h
you mean marke t-wat ch

how funny that we were talking about this word just the other day
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Old 02.04.2008, 16:13
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Re: UBS to cause tax shortfall in CH

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you mean marke t-wat ch

how funny that we were talking about this word just the other day
Somehow this reminds me of South Park (the movie) and the foul-words brain zapper
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Old 02.04.2008, 16:37
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Re: UBS to cause tax shortfall in CH

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you mean marke t-wat ch

how funny that we were talking about this word just the other day
I thought we were talking about S****horpe?
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Old 02.04.2008, 16:50
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Re: UBS to cause tax shortfall in CH

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I thought we were talking about S****horpe?
Sw-ankthorpe - where's that?
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Old 02.04.2008, 16:50
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Re: UBS to cause tax shortfall in CH

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Knock on effect of UBS debacle. Swiss
finance minister expects tax shortfall.
http://www.marke****ch.com/news/stor...%7D&dist=msr_1
Swiss Federal taxes are much smaller than communal and cantonal taxes. The UBS tsunami is very bad news for the canton and city of Zurich. No profits and no dividends for taxation. Less bonuses being splurged on the Bahnhofstrasse...
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Old 02.04.2008, 16:54
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Re: UBS to cause tax shortfall in CH

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Sw-ankthorpe - where's that?
It's a Sw-ank place, I've heard.
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Old 02.04.2008, 17:15
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Re: UBS to cause tax shortfall in CH

So I won't be able to place links to those four letter placenames in Austria, either then. Bugger!
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Old 02.04.2008, 17:16
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Re: UBS to cause tax shortfall in CH

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Bugger!
Okay, apparently buggery is allowed.
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Old 02.04.2008, 20:20
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Re: UBS to cause tax shortfall in CH

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Okay, apparently buggery is allowed.
as is twunt .... which is rather nice
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Old 10.04.2008, 23:27
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Re: UBS to cause tax shortfall in CH

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Swiss Federal taxes are much smaller than communal and cantonal taxes. The UBS tsunami is very bad news for the canton and city of Zurich. No profits and no dividends for taxation. Less bonuses being splurged on the Bahnhofstrasse...
Will it only be Zurich that's negatively affected? I just read today that many cantons other than Geneva have budget surpluses and are expected to lower taxes.
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Old 11.04.2008, 18:05
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Re: UBS to cause tax shortfall in CH

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Will it only be Zurich that's negatively affected? I just read today that many cantons other than Geneva have budget surpluses and are expected to lower taxes.
Tax shortfall for ZH is estimated at 200 to 300 million in 2008. The Confederation is affected, too. ZH is also a major contributor to the inter-cantonal compensatory payments. So there is some pain for everybody.
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Old 13.04.2008, 18:09
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Re: UBS to cause tax shortfall in CH

Are not UBS registered in Basel?

Do they not pay tax there?



Nigel
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Old 13.04.2008, 20:02
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Re: UBS to cause tax shortfall in CH

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Are not UBS registered in Basel?

Do they not pay tax there?



Nigel
With UBS being such a large company , and the amounts in question here , I don't think it matters where they are registered .... The whole of Switzerland will feel the heat of this .
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Old 13.04.2008, 21:46
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Re: UBS to cause tax shortfall in CH

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Are not UBS registered in Basel? Do they not pay tax there?

Nigel
UBS is dual registered in BS and ZH. These were the head office locations of the 2 banks that merged in 1998 to form UBS.
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Old 13.04.2008, 21:52
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Re: UBS to cause tax shortfall in CH

So will this mean that our taxes will rise in ZH?
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