Understanding income tax in the canton of Geneva
Calculating one’s taxes according to gross income is like peeling onions layer by layer. At the end, there is not much left and we shed a few tears along the way. The advantage is that…
Category Archives for Taxes
Swiss Tax – Everything you need to know about the federal direct tax (FDT)
Introduction The Swiss tax system is based on three levels: municipal, cantonal, and federal. If you’re consulting this page to understand how federal taxes work, good news: it’s the easiest of the three to calculate.…
Subsequent Ordinary Taxation (TOU) in Switzerland for individuals subject to withholding tax
Welcome to this article dedicated to Swiss residents subject to withholding tax or those who have not yet obtained a long-term residence permit (Permit C). Today, we’ll dive into a fascinating fiscal topic: Subsequent Ordinary…