That whoosh in the Swiss franc (nice pic here) comes on rumors about a Swiss tax on bank...


That whoosh in the Swiss franc (nice pic here) comes on rumors about a Swiss tax on bank deposits to come into effect on June 1.
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Comments (5)
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    Why not....if you are a safe haven...and they are....why not charge for it...
    24 May 2012, 09:33 AM Reply Like
  • SA Editor Stephen Alpher
    , contributor
    Comments (560) | Send Message
     
    I don't buy the rumor, but we'll see.
    24 May 2012, 09:35 AM Reply Like
  • losbronces
    , contributor
    Comments (865) | Send Message
     
    I agree, its easy to move money somewhere else that won't charge the tax.

     

    Switzerland isn't the only safe haven, and they no longer protect confidentiality.
    24 May 2012, 09:38 AM Reply Like
  • maudie
    , contributor
    Comments (477) | Send Message
     
    Whoosh, that's why.
    24 May 2012, 09:40 AM Reply Like
  • Rbongni
    , contributor
    Comments (34) | Send Message
     
    "and they no longer protect confidentiality"

     

    Yes they do. They still refuse to release your name unless they have absolute proof you did wrong doing.
    24 May 2012, 10:30 AM Reply Like
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