Monday, February 15, 2010

Income Tax in Switzerland

Income Tax in Switzerland in general is very reasonable. Compared to other countries worldwide, the impact of taxation in Switzerland is very low. Income tax in Switzerland rarely exceeds 30%.

For example the income tax rate for someone living in Geneva with a gross salary of 150,000 USD ranges from 21,3% to 27,5% depending on marital status.

However income tax in Switzerland varies between cantons and even cities. So the income tax you have to pay depends greatly on where you live.

How much income tax do I pay?
As a first indication you can use the income tax calculator provided by the Swiss Federal Government.

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All individual situations are different. Get free independent tax advice from one of our experts.
Want to know more about your specific tax benefits and advantages?
Send your questions to expatquestions@gmail.com

or read more about:
Swiss property or the Swiss pension system.

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