Basel Tax Authority Buys Bahamian Web Address Due to Flyer Error

2025-01-31
Basel Tax Authority Buys Bahamian Web Address Due to Flyer Error

The Basel-Stadt tax authority had to purchase a web address in the Bahamas due to a mistake on an information flyer for digital tax returns. The flyer, sent to over 100,000 households, omitted the '.ch' from the web address, redirecting users to a '.bs' domain in the Bahamas. While the error has been addressed and the Bahamian address will redirect to the correct Swiss site, the mistake cost the authority CHF 900, significantly cheaper than the estimated CHF 100,000 to reprint the flyers. Taxpayers can still file their returns online, albeit with a brief Caribbean detour.

Read more
Misc tax error

US Restricts Swiss Access to AI Chips: A Tech Cold War?

2025-01-27
US Restricts Swiss Access to AI Chips: A Tech Cold War?

The US has excluded Switzerland from unrestricted access to AI computer chips, prompting criticism from Swiss Economics Minister Guy Parmelin. This move limits Swiss academic and corporate access to these vital components, placing Switzerland in a category with restricted imports. Parmelin stated this is incomprehensible, as the ETH Zurich utilizes these chips for innovation crucial to the US, making this a potential “own goal” for America. Negotiations are underway to secure unrestricted access. The US aims to prevent rivals, particularly China, from obtaining this technology and circumventing export restrictions. Separately, President Trump's announcement to forgo the global minimum tax will have consequences for Switzerland, impacting the federal government, cantons, and businesses. The Swiss government will consider reciprocal measures.

Read more