| Quote: | |  | |
| Wealth tax is charged on worldwide wealth. It doesn't matter if it's in Switzerland or elsewhere. | |
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I am not sure if i understand.
It says is Invest Vaud website, published by Cantonal Department of Economic Affairs, Innovation and Sport (DEIS)
”Shareholdings in foreign businesses and plants are not subject to wealth tax, nor are properties abroad. ”
I think this is due to tax agreements and OECD principle that taxation of economic units is done where the registered office is.