the result of the vote changed the attractiveness of the cantons for foreign companies and has an impact on your finances. But how do these consequences in Detail? Economists of the major Bank UBS have calculated the for the next future. The long-term consequences depend on many currently imponderable developments: especially from the conduct of the company – whether they immigrate increasingly moving – and in this context of possible changes in the framework conditions in other countries.
Specifically, have studied the UBS experts, as the result of the vote will affect the so-called cantonal competitiveness indicator. This is a kind of Index, the Economists calculate already for years. The tax appeal affects the cost environment for the company. And this is changing now, on the one hand, in view of the abolition of tax privileges for selected firms as a result of the vote, but also because a number of the cantons want to reduce your corporate taxes significantly, among other things, the potential loss of attractiveness due to the abolition of the privileges make up for it.
Bern as the final light
the Biggest winners of the vote and the changes in the cost environment of the Canton of Glarus, which compares to the previous year, four ranks better is is – but in comparison to the most competitive cantons also still significantly behind. The biggest losers of the Canton of Bern, which has lost six ranks and is Appenzell Innerrhoden, Uri, the Grisons, the Valais, and the Jura is the least competitive cantons in Switzerland. The most important reason is that the Canton of Bern in Switzerland shows wide according to the study, the highest cost for the company.
Although the vote to its relative Position has not changed, remains the Canton of Zug, according to the UBS calculation by far the most competitive Canton in Switzerland, followed by Basel-city, the city has made up the rank and Zurich from the second square displaced, the now follows in third place. The following graph shows the relative competitiveness of all the cantons, with their index values:
the study shows How the UBS, it is likely, however, that in most of the cantons, with the loss of Revenue to the significantly Vaud, Basel-city and Geneva in the cantons. The cantons have to ensure that your customizations leads to a greater influx of businesses, which should lead to higher revenue.
costs are not The competitiveness of the cantons is, however, influenced not only by the taxes. These mainly affect, among other things, in addition to the wages and the rental price – the total cost for the company. Alone, measured in terms of the relatively little competition would have to be eligible for the cantons of Appenzell Innerrhoden and Glarus is at the top – a Canton is more cost-effective than you.
The cost is only one of the eight so-called pillars, which UBS determines the competitiveness of the cantons. The economic structure, the level of innovation, human capital (education and skill level), the labour market, the availability, the catchment area and the state's finances.
Without a well-trained workforce, for example, the connection to the centres, and the world markets, or without a well-developed infrastructure, and stable finances, low taxes benefit solely to the company little. (Editorial Tamedia)
Created: 20.05.2019, 18:00 clock