Swiss go to the polls for referendum

2023-06-18 16:13:34 | Last Update : 2023-06-18 16:20:11

The Swiss went to the polls in a referendum on regulations on tax, climate change and Covid-19 laws. 

Swiss go to the polls for referendum
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Swiss people went to the polls in a referendum on regulations on corporate tax, climate change and Covid-19 laws.

According to Swissinfo, a referendum was held in Switzerland on regulations related to the "Corporate Tax Act", the "Climate Change and Innovation Act" and the "Covid-19 Act".

The vote on the "Corporate Tax Act" aims to prevent tax evasion by imposing a minimum tax of 15 percent on multinational companies with an annual profit of more than 750 million dollars. Since constitutional amendments are needed to implement this, the voters have the final say, Anadolu reported.

In the vote for the "Climate Change and Innovation Act", the proposal, which includes regulations to achieve net zero greenhouse gas emissions by 2050, was presented to the public for approval. The law includes various incentives and financial assistance to realize zero emission targets.

Opponents of the regulation complain that it will increase the use of electricity and will be costly.

The vote on the "Covid-19 Law" aims to phase out the restrictions by 2024, despite the end of the pandemic. Opponents of the law do not want the deadline to be extended until 2024.

Authorities insist that certain regulations will be necessary if the pandemic re-emerges.

Source: Anadolu Agency

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