GENEVA Next 30 November, the Swiss will vote both on a federal and cantonal basis whether their country should continue to provide special tax privileges to foreign millionaires. The arrangement allows wealthy expatriates to declare a fiscal ‘forfait’ (tax package) based on their lifestyles and not the actual amount of their fortunes. On average, their […]
Federer masters China
Swiss tennis player Roger Federer (33) won his first Shanghai Masters title in China on 12 October, with a straight set of victories over 29-year-old French player Gilles Simon. Federer, a 17-time Gland Slam winner, won the game after Simon hit a forehand into the net, giving him a 7-6 (8-6) 7-6 (7-2) victory. “To […]