Abolition of stamp duty

I haven’t seen it mentioned in the forum yet, and I think you might find it interesting. The Swiss Parliament plans to abolish the stamp duty. Reason: to make Swiss financial services more attractive. Plan: two steps, first abolish the duty on domestic assets, then on foreign. Status: due to coronavirus, the plans have been postponed.

https://www.parlament.ch/press-releases/Pages/mm-wak-n-2020-01-16.aspx?lang=1031

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For most people here, it will not change anything

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I beg to differ. If stamp duty gets abolished, Swiss brokers could attract more customers, also from abroad. Only speculating here, but larger customer base could let some brokers offer more competitive prices.

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I don’t see who these new customers will be. The ones that say “I don’t want to pay 110 USD to invest 20k USD, but if it goes down to 80 USD I will create an account immediatly !” Not sure they exist.

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