New tax rules for winnings from games of chance - a two-fold stroke of luck

Bucher Tax AG, taxes, Switzerland, international, Lucerne, Zug, tax planning, tax reform, tax rules, profit, money games, withholding tax, income tax, private individuals, tax expert, tax advisor, federal tax, cantonal and municipal taxes, tax declaration

 

Winners of games of chance have two reasons to rejoice. Not only have they won a large sum of money with no or a miniscule contribution, but the lucky ones are also allowed to transfer their winnings to the bank without paying (almost any) income and withholding taxes. As of 1 January 2019, the rules regarding the taxation of winnings were amended.


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The abolition of the marriage penalty - a long overdue step?

Bucher Tax AG, taxes, Switzerland, parliament, federal court decision, Switzerland, Lucerne, Zug, tax planning, tax advisory, federal tax, cantonal and municipal tax, tax reform, tax bill, private individuals, marriage penalty, abolition, self-employed

«The abolition of the marriage penalty» - ever since the referendum of 28 February 2016, this term has been universally known. Ist popularity has not declined since the lost referendum and has been on

everyone's lips again since 10 April 2019. 


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Tax burden in Switzerland 2018: international comparison


On 25 January 2019, the Federal Tax Administration (FTA) published the annual statistical comparison «Tax burden 2018: international comparison. Tax rates and tax/GDP ratios in different OECD-countries».


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The abolition of the imputed rental value on the verge of a breakthrough


The abolition of the imputed rental value - an old topic is suddenly on everyone's mind again. For years, this idea has occupied the tax policy discussion without having achieved any real progress. The chance that this relic from the Second World War will be abolished is within reach. In the following we show you the development and implications of this system change.


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Tax burden in Switzerland 2017


The Swiss Federal Tax Administration (FTA) has

calculated and announced the tax burden in the cantons and municipalities for 2017.


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The new withholding tax rules from 1 January 2021

Bucher Tax AG, Switzerland, national, taxes, national taxes, withholding tax, private individuals, companies, tax declaration, tax return, tax advisory, tax expert, tax planning, tax rules, tax reform, tax law

On 11 April 2018, the Federal Council decided to enact the Federal Law on the revision of the withholding tax on earned income and the associated amendments to the ordinances as of

1 January 2021. The long waiting period is mainly due to the fact that the cantons and concerned economic sectors should be given sufficient time to adapt to the changes.


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Tax burden in Switzerland 2017: international comparison


On 19 January 2018, the Federal Tax Administration (FTA) published the annual statistical comparison «Tax burden 2017: international comparison. Tax rates and tax/GDP ratios in different OECD-countries».


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Tax burden in Switzerland 2016


The Federal Tax Administration (FTA) has calculated and announced the tax burden for cantons and municipalities for the year 2016.


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"Lump-Sum Taxation" vs "Resident but Non-Domiciled"


A comparison of Switzerland's Lump-sum Taxation for Individuals and Great Britain's  «Resident but Non-Domiciled».


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Lump-sum taxation for individuals maintain Switzerland's attractiveness


The term “lump sum taxation” is used to describe the special taxation regime applicable to foreign individuals resident in Switzerland different from the ordinary Swiss income- and wealth tax system.


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Securities Dealers


Many Swiss have invested in securities and trade directly or indirectly at the stock exchange with parts of their savings. These investment activities may lead to profits but also to losses.


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Taxation of hidden reserves upon abolition of the special status under old law


On 19 May 2019, the Swiss people adopted the Federal Act on Tax Reform and AHV Financing (TRAF) with 66.38% of votes in favour. The core of the reform was the abolition of the tax privileged special status for holding companies, mixed companies and domiciliary companies. 


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