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Swiss Tax Broke

Wealthy stars who enjoy Switzerland's generous tax laws could be forced to move after the government announced a referendum on the cash perk.

Under current laws multi-millionaires like Phil Collins, David Bowie and Sir Roger Moore enjoy huge discounts on the amount of tax they'd have to pay on their fortunes in Britain.

Now Swiss opponents of the law have gained the necessary 100,000 signatures on a protest petition to force a national vote on the tax breaks for ex pats.

Only five out of Switzerland's 26 cantons currently ban the scheme that allows foreigners to pay taxes on the basis of how much they spend in the country rather than on their earnings assets.

"The vote will settle the matter once and for all," said a government spokesman.

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