Tax revenue rains down on Geneva, which records a record surplus

A surplus of 727 million francs. Presented on Thursday March 30, the 2022 accounts of the State of Geneva testify to an insolent financial health. It is explained by “non-standard” tax revenues from taxes paid by companies and individuals, 1.7 billion francs higher than forecast. “The unprecedented growth of the flagship sectors of the Geneva economy, namely international trade, finance and watchmaking” contributes to the bulk of this exceptional result, specifies the Council of State, meeting as a whole in front of the press. with an undisguised smile.

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