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Old 04.01.2017, 11:01
ivank ivank is offline
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Re: Low cost Investment Funds in Switzerland

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Your choosing to ignore the income tax deduction under line 16.3 (Zurich)
That's exactly the line we've been talking about, no?

You can deduct 0.3% of your invested wealth there from income. Let's say your marginal rate 39% (single high earner in Zurich), then you'd be saving 0.117% in taxes by declaring your stocks. At the same time, the wealth tax reaches 0.118% at 420k wealth and becomes bigger than the savings from that deduction.

If you earn less, have family or live in cheaper municipality than Zürich, the threshold will vary, but it's about in 300-500k range, not 5M.
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