The Secrets of Swiss Taxation That No One Tells You

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Tax Planning Internazionale

Published on Oct 17, 2024
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The Secrets of Swiss Taxation, is it really better than Italy? Let's find out together! Switzerland is a popular destination not only for its quality of life, but also for its favorable tax system. Thanks to the autonomy of its 26 cantons, taxation varies greatly at the local level, allowing savings opportunities for both individuals and companies. In addition to a high quality of life in cities such as Zurich and Geneva, the Swiss healthcare and social security systems are among the best in the world. Many retirees choose to spend their retirement here, also attracted by the per capita income, which is among the highest in the world (about 76,000 USD per person). However, obtaining a residence permit is not easy. As an Italian citizen, you can access different permit options, such as the L permit, which allows a stay of up to 48 months, the G permit, or the B permit for a temporary residence of 5 years. After 5 years, you can apply for the C permit, which guarantees permanent residence, but with stricter criteria. Swiss taxation includes a federal tax ranging from 0% to 11.50%, and cantonal taxes vary depending on the canton (averaging around 33%). The Canton of Ticino, for example, applies a 20% rate to individuals. For businesses, the federal corporate tax is 8.5%, while the cantonal tax is around 14.60%. In short, the Swiss tax system is not as simple as you might think, which is why it is essential to rely on expert consultants. --------------------------------------------------------------------------------------------- LEAVE ITALY AND SAVE YOURSELF! Get ready for your Relocation Plan: https://www.taxplanning-internazional... Reduce Taxation with Us and Plan the Future of Your Business ???? Buy the Consultancy with Luca Taglialatela - Reduce the Tax Burden of Your Business and Protect Your Personal and Corporate Assets ???? Discover our Services for Opening Off-Shore Companies and Current Accounts ???? Buy the Book "Abandon Italy and Save Yourself" ???? Subscribe to the Channel: / @taxplanninginternazionale

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