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Old 06.12.2018, 22:28
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Tax on savings

If I return to CH and have all my retirement savings in a bank account (no pillars), how do I figure out what I will be taxed? Let's say, for argument, that it's 500K CHF - with nothing else. Thoughts?
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Old 06.12.2018, 22:52
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Re: Tax on savings

CHF 200/year.

Tom
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Old 07.12.2018, 00:19
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Re: Tax on savings

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CHF 200/year.

Tom
Though if you have to pay negative interest that would be currently another chf 375 - chf 500 on top.
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Old 07.12.2018, 09:31
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Re: Tax on savings

It depends on Canton and commune. In Zürich city for instance 500k taxable wealth cost 551 CHF in taxes.
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Old 07.12.2018, 09:43
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Re: Tax on savings

Wealth tax on worldwide wealth, obviously you'll deduct any debt you have.

Depends on canton and commune.
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Old 07.12.2018, 15:29
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Re: Tax on savings

There is this calculator that includes taxable assets.
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Old 08.12.2018, 00:33
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Re: Tax on savings

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If I return to CH and have all my retirement savings in a bank account (no pillars), how do I figure out what I will be taxed? Let's say, for argument, that it's 500K CHF - with nothing else. Thoughts?
it's pure, unconstrained, cash wealth so you can just use the tax calculator from the canton you want to live in and type in the exact value.
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Old 08.12.2018, 10:16
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Re: Tax on savings

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Though if you have to pay negative interest that would be currently another chf 375 - chf 500 on top.
Which Swiss banks are charging negative rates to retail clients? CS certainly aren’t.
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Old 08.12.2018, 10:21
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Re: Tax on savings

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Though if you have to pay negative interest that would be currently another chf 375 - chf 500 on top.



......on accounts with more than Chf 1mio positive balance
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