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Taxes · SwitzerlandZURICH, Jan 28 (Reuters) – Switzerland plans to inject an additional 31 billion Swiss francs ($40.38 billion) into defence and security spending starting from 2028 and will increase sales tax for a decade to help fund it, the government said on Wednesday. Citing a deterioration in the geopolitical situation, the governing Federal Council said defence must be strengthened in Switzerland, where spending on the military is not currently schedule…See the Story
Switzerland to Boost Defence Spending, Funded by Sales Tax Hike
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