Taxation In Switzerland
Taxes in Switzerland are levied by the Swiss Confederation, the cantons and the municipalities. Switzerland is sometimes considered a tax haven due to its general low rate of taxation, its political stability as well as the various tax exemptions or reductions available to Swiss companies doing business abroad, or foreign persons resident in Switzerland.
Read more about Taxation In Switzerland: Direct Taxes On Natural Persons, Corporate Taxation, Other Cantonal Taxes, Tax-related Criminal Law, Tax Rates and Statistics, See Also
Famous quotes containing the words taxation and/or switzerland:
“Every diminution of the public burdens arising from taxation gives to individual enterprise increased power and furnishes to all the members of our happy confederacy new motives for patriotic affection and support.”
—Andrew Jackson (1767–1845)
“In Italy for thirty years under the Borgias they had warfare, terror, murder, bloodshed—they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland they had brotherly love, five hundred years of democracy and peace, and what did they produce? The cuckoo clock!”
—Orson Welles (1915–84)