Sunday, April 2, 2023

«Vasella makes a fool of herself»

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Daniel Vasella (69) has to pay back taxes in Switzerland for 2013.


Christian KolbeEditor Economics

“My first reaction was that he wasn’t ashamed,” says Monika Roth (72). The lawyer and financial center specialist means the multi-millionaire and ex-Novartis boss Daniel Vasella (69). And that probably speaks to the heart of many Swiss people who have been outraged about the more than questionable tax behavior of the once powerful manager since Sunday.

At the weekend, the “SonntagsZeitung” revealed that Vasella wanted to optimize his taxes in Switzerland in 2013 – the year he left Novartis – and therefore moved his residence from Risch ZG to the tax haven of Monaco without further ado. However, the Zug tax authorities did not believe that and, according to a judgment that is also available to Blick, meticulously proved to the ex-top manager that his information about his place of residence could not be correct.

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