Thread: Corporation Tax
View Single Post
  #6  
Old 08.01.2010, 21:45
Cashboy Cashboy is offline
Forum Veteran
 
Join Date: Oct 2007
Location: Ticino & London
Posts: 1,964
Groaned at 165 Times in 88 Posts
Thanked 1,095 Times in 607 Posts
Cashboy has a reputation beyond reputeCashboy has a reputation beyond reputeCashboy has a reputation beyond reputeCashboy has a reputation beyond repute
Re: Corporation Tax

Quote:
View Post
You seem to know the answers. So why do you ask?

Your company is collecting money from investors and reinvesting it? Then it is either a Bank or a Mutual Fund. Separate legislation regulates such activity.

That mega juicy 1M parked in your company will make the Swiss tax officer salivate and want to take a bite
No, I don't know, that is the problem.

I was looking at ways without trusts etc etc. of keeping money in a bank account accessible by others if real owner of money dies. I was also thinking that it would be a method of avoiding wealth tax on individuals that might be implemented in other countries such as UK at a later date (I am thinking wealth tax in EEC could be implemented in the future) to get some tax as companies/businesses are not making profit and the government wants to stimulate spending.

I am starting to think Switzerland is not as friendly or useful as a place for keeping money/assets as I thought.
__________________
I do not have friends..........I have contingent liabilities
Reply With Quote