Swiss voters have rejected a tax on ultra wealthy residents and turned down a proposal to extend mandatory military service to women, initial poll results showed Sunday.

Switzerland looks set to reject a proposal for a 50% tax on inheritances and gifts of more than 50 million Swiss Francs.

GENEVA: Swiss voters are casting ballots to decide whether women, like men, must do national service in the military, civil protection teams or in other forms. Supporters of the…