Swiss voters approve global minimum corporate tax and net-zero carbon law amidst climate crisis.
Swiss voters have approved a global minimum tax on businesses and a climate law that aims to cut fossil fuel use and reach zero emissions by 2050. The business tax will be raised to the 15% global minimum rate from the current average minimum of 11%, while the climate law has been brought back in a modified form after it was rejected in 2021. Voters also approved to extend some provisions of the country's emergency COVID-19 law. The proposals have been backed by business groups, most political parties, and the general public.