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Old 28.06.2015, 20:15
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Overseas Inheritance for Swiss Resident

Good day everyone,

So through the misfortune of my grandparents passing away, I have come into one third of their estate. I'm a resident of Baselstadt, and I am wondering if I have a tax liability or not. The estate is non-taxable in my home country, but we have a taxation treaty and it appears I should be liable for inheritance tax in Switzerland. I have not filed a tax return in Switzerland or declared my net wealth to the Swiss authorities yet.

The pertinent link from the canton of Baselstadt appears to be this one (Warning! PDF link):

http://www.steuerverwaltung.bs.ch/dm...ar-sst-est.pdf

Here as a grosskinder, I pay 0 %? I'm using Google Translate to understand this so if someone with a useful level of German could take a look I would appreciate it. Or am I in the Grosseltern category, and liable for 8+ % category?
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Old 28.06.2015, 20:50
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Re: Overseas Inheritance for Swiss Resident

I think the link you sent refers to Swiss inheritance tax. If the estate you refer to is in another country and your grandparents' residence was in that country, any liability for inheritance tax is dealt with by the tax authorities within that country not here. I'm only talking from personal experience of inheriting things from my family over the years, but I'm sure someone will give you links to explain it better.
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Old 28.06.2015, 21:17
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Re: Overseas Inheritance for Swiss Resident

The thing that might effect you afterwards is asset tax.

You don't really pay tax on your income, but you get put into a different tax bracket when they calculate your tax.

Assuming of course that you earn the obligatory 120k minimum that all expats do...
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Old 29.06.2015, 09:32
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Re: Overseas Inheritance for Swiss Resident

Niki explained it correctly.

The below is from K-Geld and discusses a Eur 45,000 inheritance that a son in Switzerland received from his deceased mother in the Netherlands. An inheritance tax was paid there and the reader asks whether inheritance tax is also due in Switzerland.
K-Geld responds "no" but mentions that the newly received assets should be included on the Swiss tax form for capital tax purposes and any interest received should be included for income tax purposes.


Erbschaft aus dem Ausland: Muss ich sie hier versteuern?
K-Geld 06/2012 vom 12. Dezember 2012
von fs

«Meine Mutter hat mir rund 45 000 Euro vererbt. Die Erbschaftssteuer wird in ihrer Heimat Holland abgezogen. Muss ich in Zürich nochmals Erbschaftssteuer zahlen?»

Nein. Erbschaften werden am Wohnsitz des Erblassers besteuert – in Ihrem Fall also in den Niederlanden. In der Schweiz müssen Sie jedoch die Erbschaft in der Steuererklärung als Vermögen deklarieren und darauf Vermögenssteuern zahlen. Falls Sie mit diesem Vermögen Zinserträge erzielen, fallen diese unter die Einkommenssteuer.

https://www.ktipp.ch/artikel/d/erbsc...er-versteuern/
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Old 29.06.2015, 10:57
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Re: Overseas Inheritance for Swiss Resident

The tax authorities may also enquire as to why all of a sudden you've become significantly richer, so don't be surprised if you have to supply a copy of the paperwork.
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Old 29.06.2015, 14:30
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Re: Overseas Inheritance for Swiss Resident

When my mother popped her clogs I left the lolly in Blighty and didn`t tell a soul (until now).
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