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> Yes, Switzerland pays you to run a startup. It sounds like they're just taxing you less, not paying you anything.
by Gormo 3y ago
> Yes, Switzerland pays you to run a startup.
It sounds like they're just taxing you less, not paying you anything.
- therealdrag0 3y agoA tax credit gets paid out if you end in green doesn’t it?
- oldandboring 3y agoA refundable credit does, but not all credits are refundable.
- Gormo 3y agoA credit does, but a deduction does not. I'm not sure where the previous commenter is getting this information from, since I can't find any documentation of a 135% tax deduction for R&D in Switzerland anywhere online, but if it is a deduction and not a credit, it means that it just offsets taxes on other income.