Critical analysis of the financial sector

February 2020

Brief questions and answers on the topic of the microtax

Question 1 : What is the microtax?

Question 2 : On what and how will it be deducted?

Question 3 : What taxes will it replace?

Question 4 : What is the current volume of electronic transactions in Switzerland?

Question 5 : Will this tax have an impact on the volume of electronic transactions?

Question 6 : What will the advantages be for Swiss people and for small and medium sized businesses?

Question 7 : What will its impact be on the banks?

Question 8 : Why introduce such a tax today?

Question 9 : How does it respond to the digitalization of the economy?

Question 10 : How does it respond to the climate challenge?

Question 11 : Does this initiative stem from a political party?

Question 12 : Can Switzerland alone launch the microtax?

Question 13 : Does the microtax differ from the Tobin tax?

Question 14 : Will this tax apply to multinational corporations?

Question 15 : Are you not afraid that Swiss banks could offshore their activities?

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