Taxation in Switzerland

Taxation in Switzerland

• Because of federal structure does not have a uniform taxation system.
• Taxes may be levied at federal, cantonal and communal levels.
• Value Added Tax (VAT) levied exclusively by Federal State.
• Commercial activities tolerated if do not exceed 20% of company's income.
• Some cantons require companies not to exceed 20% of total expenses.
• Exemption of foreign source income subject to Swiss tax normally lower

http://www.ocra.com/solutions/taxation_switzerland.asp

http://www.agentschapnl.nl/sites/default/files/bijlagen/Zwitserland%20D&B%20november%202011.pdf