Swiss Taxes: How Does the System Work?
What should individuals know about swiss taxes when living or working in Switzerland?
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What should individuals know about swiss taxes when living or working in Switzerland?
The swiss taxes system includes federal, cantonal, and municipal levels, leading to varying tax rates depending on location. Income tax is progressive, while capital gains are generally exempt. Expats may face withholding tax on salaries, but deductions for insurance, housing, and family expenses can reduce the tax burden. Proper planning ensures compliance and potential savings.