Contents of the draft resolution have been finalized. The enclosed letter summarizes the key elements of the referendum ahead.
On 17 June 2025, the Council of States decided to follow the Federal Council and the National Council in recommending to the people – without counterproposal – the rejection of the Juso inheritance tax initiative. The initiative is not considered to have much chance of success by the daily press and political observers.
However, given the far-reaching consequences of an unexpected acceptance, it may nevertheless be advisable to analyze certain measures. We would be pleased to assist you in this regard if required.