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Image Name Took office Left office Party 1 Thomas Welles: 1639 1641 2 William Whiting 1641 1648 3 Thomas Welles: 1648 1652 4 John Talcott, Sr. 1652 1660
the value added tax (VAT) the federal direct tax (FDT) the withholding tax; the stamp duty; the military service substitute tax; Subdivisions of the FTA also take care of the application and enforcement of tax law, provide information on tax issues, further develop the tax system and help resolve international tax issues (e.g., double taxation ...
The debtor of such payments is liable for the payment of the tax; they must pay the creditor only the net amount. [41] The tax rate is 35% for moveable capital revenue and for lottery winnings of 1 million francs or more, 15% for life annuities and pensions and 8% for other insurance benefits. [42]
Value added tax is structured as an all-phase tax with input tax deduction. If a taxable person provides a service to another taxable person, the former must pay the VAT on the service; the recipient can reclaim the tax paid as input tax from the Federal Tax Administration (FTA), but must also pay tax on his services to his customer.
In December 2021, the Federal Assembly passed a bill abolishing the withholding tax levied on Swiss corporate bonds, in order to make them more attractive. [ 6 ] [ 7 ] [ 8 ] The request for a referendum was granted in May 2021, [ 9 ] and the vote took place on September 25, 2022, when the people narrowly rejected the amendment to the law with ...
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The Federal Direct Tax (FTA) is a Swiss direct income tax. It is the main source of revenue for the federal government, followed by the value-added tax (VAT), which represent respectively 34.3% and 32.1% of the total tax receipts as of 2022. [1] There is no wealth tax at the federal level; it is levied only by the cantons and municipalities.
The 2010 Connecticut State Treasurer election took place on November 2, 2010, to elect the Connecticut State Treasurer. Incumbent Democratic State Treasurer Denise L. Nappier won re-election to a fourth term, defeating Republican mayor of Newington Jeff Wright.