Wednesday, January 7, 2009

How does the tax system in Switzerland work


How does the tax system in Switzerland work?
I know Switzerland is a nice country. From what I know, nice countries have high taxes. So can anyone tell me how the tax system in Switzerland works?
Switzerland - 1 Answers
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Switzerland has low taxes compared to other countries. The tax system in Switzerland is decentralized. Therefore every commune has different tax rates. Some places are real tax heavens. How much you have to pay highly depends on the place you live and on your income. Because you are a foreign resident your employer would deduct the income tax directly form your monthly salary. So the system would be very simple for you.