The Local Switzerland

Super-rich foreigners to pay more Swiss tax

Wed, 20 Feb 2013 23:43:00 +0100

Foreigners who move to Switzerland are set to face a tax hike from January 1st 2016, according to a Swiss tax authority timetable published on Wednesday.

Bern signs tax disclosure agreement with US

Thu, 14 Feb 2013 18:34:00 +0100

The Swiss government said on Thursday it had signed a controversial deal with the United States requiring all Swiss banks to report the holdings of their US clients to US tax authorities.

US citizenship turns onerous for expats

Mon, 11 Feb 2013 13:39:00 +0100

Scott Schmith is a patriot and a US military veteran but he is no longer a US citizen. Sick of complex tax rules making his life in Switzerland miserable he recently handed back his passport.

Three sectors push trade surplus to new record

Tue, 05 Feb 2013 12:15:00 +0100

Despite a soaring franc and a troubled global economy, Switzerland registered a record trade surplus of 24.4 billion francs last year, the federal customs administration (EZV) says.

Swiss clamping down on Bonny dodgers

Fri, 17 Feb 2012 16:13:29 +0100

The Federal Tax Administration is investigating a large international conglomerate for abuse of its generous tax system.