Thread: What are the rates for Taxation at Source
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Old 26.03.2008, 17:23
Shorrick Mk2 Shorrick Mk2 is offline
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Re: What are the rates for Taxation at Source
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HunterEu
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In the 14 years I have been in Switzerland, I have never been taxed at source.

My company had two plans to choose from for stock options:

One plan taxes the options at grant. The taxable amount is discounted as the options cannot be exercised for the first three years.

The other plan (the one I chose) is suppose to tax the options value as ordinary income at exercise time. Again, If I am no longer in Switzerland for more than a Year when I exercise, do I still owe tax (quellensteuer) in Switzerland? If this is the case, what is the tax rate?

Thanks in advance, HunterEu
One company I worked for (the one with the big blueish bull logo) also had these "plans". After throwing lots of money through the window - sorry, many a consultation with "tax experts" (one of the Big 4) they found out the only thing that mattered was the opinion of the tax authorities, which actually happened to differ from this tax deferral neat planning...

At any rate, once domiciled abroad, Swiss tax authorities have no jurisdiction over your income. And if you've never been taxed at source, then quellensteuer certainly isn't something that applies to you.
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