The Economic Times of India has reported:
Voters in the region of Zurich, the home of Swiss banking, sprang a surprise on Sunday by deciding to abolish tax breaks for rich
foreigners living there, including show business and sports stars.
Some 52.9 percent of voters — more than 216,000 people — backed an initiative launched by the left-wing Alternative List to abolish “tax privileges for foreign millionaires” in the canton.
The UK failed to get rid of its domicile rule. But even some of the Swiss can.
Surely it’s time we did the same, once and for all?



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