Whether a wealth manager is subject to the tourism promotion tax under Art. 17 para. 2 LTour.
Yes. Wealth managers benefit from business tourism, from the financial reputation of Geneva, and directly from advertising promoting Geneva as a financial center; the tax was therefore upheld.
Wealth managers, like banks, contribute to and profit from Geneva’s international financial standing and from the city’s general tourist attractiveness. This places them within the circle of beneficiaries targeted by the tourism tax.