Obwalden, a small canton situated in Central Switzerland, has created ideal conditions in this respect over the past few years.
In recent years, therefore, Obwalden has developed a tax strategy that takes these factors into account.
Those who decide to move to Canton Obwalden have the assurance of knowing that the favourable conditions that made them move in the first place are there to stay.
Therefore, there is no risk of arriving in Obwalden, only to find that the attractive taxation models are being abolished.
Distances are short and those in charge are clearly identifiable and welcome opportunities to meet Obwalden residents and hear their views.
Being part of Switzerland s founding cantons, and being at the geographical centre of the country, Obwalden
has always been a byword for Swissness and tradition, said SWISS CEO Harry Hohmeister at the naming event.
Then, in the autumn of 2005, the people of Obwalden voted to adopt a new tax law that would come into effect on January 1, 2006.
Where income tax was concerned, Obwalden decided to introduce a degressive rate, which mainly relieved top earners with annual incomes of SFr 500,000 and more in order to encourage previous high earners to return to the canton.
When the new taxation rates became effective from January 2006, Obwalden found itself at the head of those Swiss cantons with fiscally attractive rates.
In fact, a large number of new companies quickly settled in Obwalden beginning in January 2006.