5 ms·
The lump sum tax is only possible for non-citizens, who do not have direct W2 income from Switzerland. Local governments (if the state allows it) can use it as
by Schweigi 6y ago
The lump sum tax is only possible for non-citizens, who do not have direct W2 income from Switzerland. Local governments (if the state allows it) can use it as a shortcut to estimate the tax amount. Nevertheless wealthy Swiss citizen don’t leave Switzerland either. Probably also because there is no capital gains tax which offsets the wealth tax easily.
- kgwgk 6y ago> there is no capital gains tax As long as capital gains are less than half of your income.
- config_yml 6y agoThat's not accurate. Only if you qualify as a professional investor, you'll have to pay capital gains tax.
- kgwgk 6y agoAnd that’s one of the conditions that you have to fulfill to be sure the tax administration won’t classify you as professional investor. https://www.taxadvisors.ch/media/6666/TaxBulletin_02_12_english_.pdf https://www.taxadvisors.ch/media/6666/TaxBulletin_02_12_engl...