AIC HOSTS SPIRITED DEBATE OF GENEVA CORPORATE TAX REFORM The rejection of the Corporate Tax Reform III initiative in February 2017 created a void in Switzerland and Geneva's corporate tax reform program, and left the country and the canton non-compliant with international requirements set by the Organization of Economic Cooperation and Development (OECD). The initiative aimed mainly to replace the special tax accords with Swiss-based multinationals and the higher local business corporate tax rate, with a single competitive cantonal tax rate. On September 6, the Federal Council issued draft legislation for the so-called PF 17 or STR 17. Will PF 17 be accepted by the public? Would PF 17 maintain or even improve our economic competitiveness? What are the best strategies set by the Swiss Federation to assure that PF 17 will be approved? Will the diverging interests and …
AIC’s 4th of July Celebration was a major hit with a big turnout, lots of fun food and music, games and more!
AIC's Annual Tennis Competition was a rousing success for players and guests.
On September 8, the PGA Tour came to Geneva when AIC members teed off for the 4th Annual AIC Chand Kaul Memorial Golf Tournament on a sunny Friday morning on the lovely grounds of the Golf & Country Club de Maison Blanche in Echenevex, France.
More than 80 guests attended AIC’s June 15 Speakers Luncheon with Anne Hornung-Soukup, Chair of the Board of the Transports Publics Genevois (TPG). Hornung-Soukup gave a fact-filled, humorous address and presentation on current transit system plans and innovations aimed at increasing ridership within an agency that currently services 600,000 riders daily, and more than 200 million annually.
Yves Bonzon, Chief Investment Officer of Julius Baer, presented "Understanding the Economic and Investment Landscape" to a full-house at the Swissôtel Metropole on April 24th. Mr. Bonzon provided a cohesive economic vision of where we are today, and where markets are potentially heading.
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