Swiss Tax System
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Swiss taxes are much lower than
those of our European neighbors (both for companies and individuals). In comparison with the most countries
of the EU and with the USA, where the tax is between 30% and 55% on net income, total taxes in Switzerland
amount to approximately 25%. Furthermore, taxes themselves can be deducted from the income as an expense,
that results in significantly lower effective tax rate, compared to most other countries where taxes are
not deductible.
Swiss tax system is strongly influenced by the federal structure of the country
(the federal corporate income tax rate is 8.5% flat).
Each Canton, consequently, has its own tax laws. Tariffs, tax rates, as well as exemptions, remain within
the competence of each Canton.
Today, all Cantons can offer tax relief as an incentive to attract foreign companies, as
well as to encourage the start-up of new companies. Switzerland, as a business location, is therefore also
attractive from a tax viewpoint.
Please see our April's
2004 Newsletter for more detail.
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| Negotiating Tax Arrangements |
We provide personalized assistance in registration with the Swiss tax authorities and finding a high-qualified
accountant to manage your book- keeping in accordance with the internationally accepted standards.
You can also obtain a number of tax exemptions in Switzerland. These exemptions can reduce the
already moderate tax burden in Switzerland to extremely attractive levels. We can negotiate these arrangements with
the tax authorities to help you benefit from the unparalleled Swiss tax environment.
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| Want to Optimize Your Taxation?
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The Basic Principle of the Swiss tax system |
Self-declaration by the taxpayer
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| DOCUMENTS |
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SERVICES AROUND YOUR TAXES |
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