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The effective individual tax rate is subject to considerable variation depending on the canton and municipality of residence. For instance, companies subject to ordinary taxation paid between 13 and 25 percent of income tax in 2006, and the maximum individual tax rates in major cities ranged between 12.3 percent in the Canton of Zug and 32.3 ...
Cantonal equalization is governed by each canton. In Switzerland, municipalities have the ability to set their own tax rate. In most cantons, fiscal equalisation is intended to support municipalities with weaker taxation by ensuring balanced conditions in the tax burden of the municipalities (e.g. art. 136 of the Solothurn Cantonal Constitution).
The tax rates given for ... both canton of Geneva) [225] 3.04% (church tax, roman catholic and protestant ... 3.8% or 2.5% (reduced rates) Taxation in Switzerland
On 1 January 1995 the goods turnover tax was replaced by the value added tax in Switzerland. At that time, the reduced rate was 2% and the special rate 3%. The standard rate was 6.2%, which was increased to 6.5% by federal decree in order to restore the health of the federal finances.
Withholding tax (German: Verrechnungssteuer, Italian: imposta preventiva, French: impôt anticipé) is a tax levied at source in Switzerland since 1944 on capital income (particularly interest and dividends), lottery winnings and certain insurance benefits. [1] [2]
Municipalities are financed through direct taxes (such as income tax), with rates varying more or less within a framework set by the canton (see Taxation in Switzerland). As among the cantons, there is a tax transfer among the municipalities to balance various levels of tax income.
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In 2011 the average local and cantonal tax rate on a married resident, with two children, of Oberwil im Simmental making 150,000 CHF was 12.7%, while an unmarried resident's rate was 18.7%. [23] For comparison, the average rate for the entire canton in the same year, was 14.2% and 22.0%, while the nationwide average was 12.3% and 21.1% ...