View Single Post
Old 24.07.2008, 19:20
mike_n mike_n is offline
Senior Member
Join Date: May 2008
Location: Zug
Posts: 263
Groaned at 34 Times in 24 Posts
Thanked 125 Times in 78 Posts
mike_n has slipped a little
Re: Trading and taxation in switzerland...

View Post
There is no capital-gains tax in Switzerland, i.e. no special rates, partial taxation, etc.

If you are classified as professional, then subsequently all gains from trading are added to income and taxed. Essential, the taxman decides that trading is a professional activity. Hence, the net yield (gains minus losses minus costs) is income.

So you pay tax at your top incremental rate. And the social-security will demand contributions on that "income".

"No capital-gains tax" that's what they say. The reality looks different: you'll have to pay and that's a full progressive taxation. Because if you practice a solid risk and money management there is no way to avoid all the above-mentioned conditions.

However, if you lose money you wont pay
Reply With Quote