Zug: small canton, big on business: international friendly open-minded innovative varied accessible surprising connected efficient.
Swiss News › Nbr. 2005, January 2005
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Summary
CANTON PROFILE
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Zug: small canton, big on business: international friendly open-minded innovative varied accessible surprising connected efficient.
Perception versus reality
When people think of Zug they tend to think first about its low rate of taxation! But how did this situation come about? Michael van Orsouw (a historian in Zug) addressed that point in his article concerning the relationship between Zurich and Zug. He claimed that without Zug's close geographical proximity to Zurich, the canton may not have developed as quickly and as successfully as it has. In the 19th century, Zurich built numerous factories close to Zug and steadily developed its holding in the industrial field. Pressure mounted for Zurich's lawyers to create more attractive tax rates for companies domiciled within Zurich. This proved impos...See the full content of this document
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