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Old 23.05.2023, 10:11
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Wealth tax on permit B

My wife has just joined me in CH, she found a job and will most probably get a B permit sometime in June -> she will be Quellensteuer'd by default. We are in canton ZH.



But she has a property abroad, value is uncertain, but let's say she declares it as 200K. This is past the 150K no-tax wealth limit for married couples in ZH, so IIUC she will have to pay wealth tax on it.



Questions:


1. Will she have to do a separate tax return next year, or will the Quellensteuer do it all automatically?


2. Will she have to pay some extra amount of money (if yes, how much?), or will she be taxed just by her tax rate adjusted?


3. Do I have to do anything? Does my wealth change just because we are married and she moved here? The property is not in my name, it's hers. Does that matter?



The best info I could find was on the PWC website (https://taxsummaries.pwc.com/switzer...al/other-taxes), but I don't understand either column:
  • "Basic tax on column 1"
  • "Percentage on excess"
Maybe these are references to a tax return sheet?


I spent the last hour googling and reading and I'm just more confused now, maybe things are simpler than I think they are? Any info is appreciated.
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Old 23.05.2023, 10:17
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Re: Wealth tax on permit B

SheŽll have to file (and you probably as well if you file as a couple). Unless you have agreed on separation of goods?

Why not call your tax office? They are very helpful and it saves you from surprises later the tax year.
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Old 23.05.2023, 10:30
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Re: Wealth tax on permit B

So in short, our combined wealth is what matters, and we both are taxed after the same value (200K in this case)?


EDIT: at least to this question I found the answer:


Married couples fill out one joint tax return. The two incomes are added together and taxed jointly. This also applies to persons in a registered partnership.


https://www.ch.ch/en/taxes-and-finan...arried-couples

Last edited by radirpok; 23.05.2023 at 10:43.
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Old 23.05.2023, 11:00
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Re: Wealth tax on permit B

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SheŽll have to file (and you probably as well if you file as a couple). Unless you have agreed on separation of goods?
The marriage property regime has no influence on taxation. If you have to file and reside at the same place, you always have to file jointly and are also taxed jointly. How a couple splits the tax owed internally is up to them.

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1. Will she have to do a separate tax return next year, or will the Quellensteuer do it all automatically?
You or her have to request the tax forms and then fill them correctly.

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2. Will she have to pay some extra amount of money (if yes, how much?), or will she be taxed just by her tax rate adjusted?
You will be taxed on your combined worldwide income and worldwide wealth. You might have to pay extra or you might get reimbursed. It depends on your situation.

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3. Do I have to do anything? Does my wealth change just because we are married and she moved here?
You will have to disclose your assets and income list them in the tax declaration.

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The property is not in my name, it's hers. Does that matter?
It does not matter.
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