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The contraction also became apparent in Switzerland's energy consumption and export growth rates. Switzerland's economy averaged no appreciable increase (only 0.6% annually) in GDP. After enjoying unemployment rates lower than 1% before 1990, the three-year recession also caused the unemployment rate to rise to its all-time peak of 5.3% in 1997.
The rate of GDP growth dropped to 1.2% in 2001; 0.4% in 2002; and minus 0.2% in 2003. This economic slowdown had a noticeable impact on the labour market . Many companies announced mass dismissals and thus the unemployment rate rose from its low of 1.6% in September 2000 to a peak of 4.3% in January 2004, [ 37 ] although well below the European ...
The tax rate is 35% for moveable capital revenue and for lottery winnings of 1 million francs or more, 15% for life annuities and pensions and 8% for other insurance benefits. [ 42 ] With respect to creditors resident in Switzerland, the withholding tax is only a means of securing the payment of the income or profit tax, from which the creditor ...
move to sidebar hide ... in the middle of 2021, there were 56 million people worldwide whose assets exceeded one million US dollars, ... 1.2 Hungary: 24,692: 0.3 ...
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Switzerland's federal budget receipt categories in 2010 (rounded percentage) The lion's share of the money the confederation has at its disposal comes from the federal taxes it collects. For the year 2010 92.6% of all the confederations income (a total of 62.833 billion CHF) were gained from tax revenues.
Switzerland is offering a cash prize for solutions to remove munitions from its lakes. The ammo was dumped in lakes between 1918 and 1964 as the Swiss military believed it to be safe.
Zurich, Switzerland, a global financial hub known for its exceptional public services, safety and vibrant cultural scene, took the top spot. Vienna, Austria, placed second, while Geneva ...