Financial Times FT.com

Swiss target Brown’s tax rises

By Vanessa Houlder

Published: September 11 2009 23:33 | Last updated: September 11 2009 23:33

High-earning financiers who are unhappy with Gordon Brown’s plans for a 50 per cent top rate of income tax are being targeted by Swiss cantons hoping to persuade them to decamp to the alpine air and light tax regime.

The cantons’ marketing drive is aimed primarily at Mayfair’s hedge fund industry, which has seen a trickle of relocations from London to Switzerland.

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