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Old 13.03.2008, 11:24
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Re: Tax For Foreign Earnings ?

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I have a job that allows me to live anywhere, and I'm thinking of moving to Switzerland (kids maybe coming in the next year or two and I think it would be a great place for them to grow up...and a great place for my wife to stay while I'm working). I would hopefully move to Switzerland with a permit B by purchasing a home, and continue to work and earn my salary outside Switzerland. The question is, how much tax would I have to pay on those earnings ? I work in the middle east and am paid in the UK. I am not taxed.
Under Swiss tax law, you are taxed on your worldwide income.

I once worked out that the Swiss tax was around 24%, by the time you included the indirect taxes like health insurance, rubbish bag fees, etc

Direct taxes hover around the 12% range (one months salary), which you generally pay once a year in one lump sum.

Even at around 24%, Swiss taxes are very reasonable.
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