Gift tax is a specific kind of taxation existing in Switzerland. This kind of taxes usually levy on gifts received by the swiss residents and can vary from each Cantone. Luckily, not all gifts are taxable in Switzerland. Gift taxes were imposed by the government in order for heirs to stop avoiding taxation, in case they receive an immovable property or great amount as an inheritance. The gift tax almost applies to every Canton except for Schwyz and Lucerne, these Cantons are tax exempted under the swiss legislation. But many locals believe that a gift tax is unfair and as for many countries such a definition is don’t even exist.
The new year, 2020 has brought with it a raft of new laws and changes in Switzerland.
The Swiss government has gone the extra mile in leveraging low corporate tax rates as a competitive advantage. In Switzerland, corporate tax rates vary depending on the canton where you are operating your business.
On the 19th of May 2019, Swiss voters voted in favour of the Federal Act on Tax Reform and AHV Financing (TRAF)—confirming the corporate taxation reform. The main purpose of the reform is to bring tax legislation in line with international standards and to remove Switzerland from the EU “Grey List”, which it has been in since December 2017. This list includes states that are under EU control and have agreed to cooperate to improve the tax system.
Las leyes cantonales y tasas de impuestos pueden variar considerablemente de un cantón a otro, razón por la cual es importante que lo mejor es encontrar una empresa en Suiza.