Swiss initiative requesting the abolition of the lump-sum tax regime in Switzerland – Background information

In October 2012, an initiative (assembling roughly 103’000 signatures) requesting the abolition of the lump-sum tax regime in Switzerland was filed. The referendum on this initiative will take place on 30 November 2014.

The purpose of this memo is to provide the necessary background information and to set out the consequences of an acceptance of this initiative by the Swiss population. (...)