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Federal Budget Of Switzerland
The Swiss federal budget () refers to the annual revenue (money received) and expenditures (money spent) of the Swiss Confederation. As budget expenditures are issued on a yearly basis by the government, the federal council, and have to be approved by the parliament, they reflect the country's fiscal policy. The budget principles are defined by the Swiss Constitution and have been restated most recently in the 1999 fiscal guidelines of the confederation. In 2014 the federal budget of Switzerland was 66.353 billion Swiss francs, or 10.63% of the country's GDP. Note that the Swiss ''federal'' budget only comprises 31.7% of Swiss public expenditure, the rest being managed by the cantons, the municipalities, and the social security system. The Swiss Federal Finance Administration reports that the broader, general government sector (central + subnational + social security) in Switzerland had 2022 revenues and expenditures of 251.8 billion & 245.0 billion Swiss francs (6.8 billion ...
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Switzerland
Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is geographically divided among the Swiss Plateau, the Swiss Alps, Alps and the Jura Mountains, Jura; the Alps occupy the greater part of the territory, whereas most of the country's Demographics of Switzerland, 9 million people are concentrated on the plateau, which hosts List of cities in Switzerland, its largest cities and economic centres, including Zurich, Geneva, and Lausanne. Switzerland is a federal republic composed of Cantons of Switzerland, 26 cantons, with federal authorities based in Bern. It has four main linguistic and cultural regions: German, French, Italian and Romansh language, Romansh. Although most Swiss are German-speaking, national identity is fairly cohesive, being rooted in a common historical background, shared ...
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Equalization Payments
Equalization payments are cash payments made in some federal systems of government from the federal government to subnational governments with the objective of offsetting differences in available revenue or in the cost of providing services. Many federations use fiscal equalisation to reduce the inequalities in the fiscal capacities of sub-national governments arising from the differences in their geography, demography, natural endowments and economies. The level of equalisation sought can vary, however. The payments are generally calculated based on the magnitude of the subnational "fiscal gap": essentially the difference between fiscal need and fiscal capacity. Fiscal capacity and fiscal need are not equivalent to measures of fiscal revenue and expenditure, as making them so would induce perverse incentives to subnational governments to reduce fiscal effort. Australia Australia introduced a formal system of horizontal fiscal equalisation (HFE) in 1933 to compensate states/terri ...
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Government Of Switzerland
The Federal Council is the federal Cabinet (government), cabinet of the Switzerland, Swiss Confederation. Its seven members also serve as the collective head of state and Head of government, government of Switzerland. Since World War II, the Federal Council is by convention a permanent grand coalition government composed of representatives of the List of political parties in Switzerland, country's major parties and Languages of Switzerland, language regions. While the entire Federal Council is responsible for leading the federal administration of Switzerland, each Councillor heads one of the seven federal executive departments. The president of the Swiss Confederation chairs the council, but exercises no particular authority; rather, the position is one of a Primus inter pares, first among equals and rotates among the seven Councillors annually. The Swiss Federal Council election, Federal Council is elected as a body by the 246 members of the Federal Assembly (Switzerland), Fe ...
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Graph Government Spending 2022 Switzerland
Graph may refer to: Mathematics *Graph (discrete mathematics), a structure made of vertices and edges **Graph theory, the study of such graphs and their properties * Graph (topology), a topological space resembling a graph in the sense of discrete mathematics *Graph of a function * Graph of a relation *Graph paper *Chart, a means of representing data (also called a graph) Computing *Graph (abstract data type), an abstract data type representing relations or connections *graph (Unix), Unix command-line utility *Conceptual graph, a model for knowledge representation and reasoning *Microsoft Graph, a Microsoft API developer platform that connects multiple services and devices Other uses * HMS ''Graph'', a submarine of the UK Royal Navy See also * Complex network *Graf *Graff (other) *Graph database *Grapheme, in linguistics *Graphemics *Graphic (other) *-graphy (suffix from the Greek for "describe," "write" or "draw") *List of information graphics software *Stati ...
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Federal Department Of Finance
The Federal Department of Finance (FDF, , , , ) is one of the seven Ministry (government department), departments of the Swiss federal government. The department is headquartered in Bern and headed by a member of the Federal Council (Switzerland), Swiss Federal Council, Switzerland's finance minister. Initially, in 1848, the department was called "Department of Finance", then, from 1873 "Department of Finance and Customs", until it received its present designation in 1978. Organisation The Department is composed of the following offices: * General Secretariat * State Secretariat for International Financial Matters (SIF) * Federal Finance Administration (FFA): Responsible for the budget, financial planning, financial policy, the federal treasury and Equalization Payments in Switzerland, financial equalisation between the Confederation and the cantons. It also supervises the Swissmint, federal mint and the Central Compensation Office (CCO) in Geneva (responsible for implementin ...
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Taxation In Switzerland
Taxes in Switzerland are levied by the Swiss Confederation, the Cantons of Switzerland, cantons and the municipalities. Legal framework Fiscal sovereignty Switzerland is a federal republic in which the sovereignty of the constituent states (the ''cantons'') is limited by the enumerated powers delegated to the federal state (the ''Confederation'') through the Swiss constitution, federal constitution. Consequently, the original authority to levy taxes is vested in the individual cantons of Switzerland through their constitutions. Within the bounds of the authority delegated to them by cantonal law, the municipalities may also levy taxes. The extent of that authority varies from canton to canton. While the formal framework of the most important cantonal direct taxes has been harmonised through the 1990 Federal Tax Harmonisation Law, the cantons (and, as the case may be, the municipalities) remain free to set their tax rates or establish new taxes, except on tax objects already taxed u ...
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Swiss Budget Revenues 2010
Swiss most commonly refers to: * the adjectival form of Switzerland *Swiss people Swiss may also refer to: Places *Swiss, Missouri * Swiss, North Carolina * Swiss, West Virginia *Swiss, Wisconsin Other uses * Swiss Café, an old café located in Baghdad, Iraq *Swiss-system tournament, in various games and sports *Swiss International Air Lines **Swiss Global Air Lines, a subsidiary *Swissair, former national air line of Switzerland * .swiss alternative TLD for Switzerland See also *Swiss made, label for Swiss products *Swiss cheese (other) *Switzerland (other) *Languages of Switzerland, none of which are called "Swiss" *International Typographic Style, also known as Swiss Style, in graphic design *Schweizer (other), meaning Swiss in German *Schweitzer, a family name meaning Swiss in German *Swisse Swisse is a vitamin, supplement, and skincare brand. Founded in Australia in 1969 and globally headquartered in Melbourne, and was sold to Health & Happin ...
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Social Market Economy
The social market economy (SOME; ), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, is a socioeconomic model combining a free-market capitalist economic system with social policies and enough regulation to establish both fair competition within the market and generally a welfare state. It is sometimes classified as a regulated market economy. The social market economy was originally promoted and implemented in West Germany by the Christian Democratic Union under Chancellor Konrad Adenauer in 1949 and today it is used by ordoliberals, social liberals and social democrats alike. Its origins can be traced to the interwar Freiburg school of economic thought. The social market economy was designed to be a middle way between ''laissez-faire'' forms of capitalism and socialist economics. It was strongly inspired by ordoliberalism, which was influenced by the political ideology of Christian democracy. Social market refrains from ...
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Swiss Federal Parliament
The Federal Assembly, also known as the Swiss Parliament, is the federal bicameral parliament of Switzerland. It comprises the 200-seat National Council and the 46-seat Council of States. It meets in Bern in the Federal Palace. The houses have identical powers. Members of both houses represent the cantons, but, whereas seats in the National Council are distributed in proportion to population, each canton has two seats in the Council of States, except the six 'half-cantons', which have one seat each. Both are elected in full once every four years, with the last election being held in 2023. The Federal Assembly possesses the federal government's legislative power, along with the separate constitutional right of citizen's initiative. For a law to pass, it must be passed by both houses. The two houses may come together as a United Federal Assembly in certain circumstances, such as to elect the Federal Council (the head of government and state), the Federal Chancellor, the ...
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Parliament
In modern politics and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: Representation (politics), representing the Election#Suffrage, electorate, making laws, and overseeing the government via hearings and inquiries. The term is similar to the idea of a senate, synod or congress and is commonly used in countries that are current or former monarchies. Some contexts restrict the use of the word ''parliament'' to parliamentary systems, although it is also used to describe the legislature in some presidential systems (e.g., the Parliament of Ghana), even where it is not in the Legal name, official name. Historically, parliaments included various kinds of deliberative, consultative, and judicial assemblies. What is considered to be the first modern parliament, was the Cortes of León, held in the Kingdom of León in 1188. According to the UNESCO, the Decreta of Leon of 1188 is the oldest documentary manifestation ...
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Swiss Federal Council
The Federal Council is the federal cabinet of the Swiss Confederation. Its seven members also serve as the collective head of state and government of Switzerland. Since World War II, the Federal Council is by convention a permanent grand coalition government composed of representatives of the country's major parties and language regions. While the entire Federal Council is responsible for leading the federal administration of Switzerland, each Councillor heads one of the seven federal executive departments. The president of the Swiss Confederation chairs the council, but exercises no particular authority; rather, the position is one of a first among equals and rotates among the seven Councillors annually. The Federal Council is elected as a body by the 246 members of the Federal Assembly of Switzerland for a term of four years after each federal parliamentary election, without the possibility of recall or a vote of no confidence. Incumbents are not term-limited a ...
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Main Taxes In Switzerland From 1990 - 2010
Main may refer to: Geography *Main River (other), multiple rivers with the same name *Ma'in, an ancient kingdom in modern-day Yemen * Main, Iran, a village in Fars Province *Spanish Main, the Caribbean coasts of mainland Spanish territories in the 16th and 17th centuries *''The Main'', the diverse core running through Montreal, Quebec, Canada, also separating the Two Solitudes *Main (lunar crater), located near the north pole of the Moon *Main (Martian crater) People and organizations *Main (surname), a list of people with this family name *Main, alternate spelling for the Minaeans, an ancient people of modern-day Yemen * Main (band), a British ambient band formed in 1991 *Chas. T. Main, an American engineering and hydroelectric company founded in 1893 *MAIN (Mountain Area Information Network), former operator of WPVM-LP (MAIN-FM) in Asheville, North Carolina, U.S. *Main Deli Steak House ("The Main"), a smoked-meat delicatessen in Montreal, Quebec, Canada Ships * '' ...
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