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Old 05.12.2012, 17:49
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Re: Foreign Property - Tax implications

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The foreign assets and income (from property) are not taxed but must still be declared here
This statement gets made all the time however I believe it to be incorrect. 90% of my assets are US stocks, my wealth tax is based on full market value & I pay wealth tax in CH, if foreign assets were excluded I would be way below the threshold.
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