Search results
Results from the WOW.Com Content Network
The exemption tax assessment is carried out annually, generally in the year following the relevant year. Only those who have performed the total number of mandatory service days are entitled to a refund of the exemption tax(es) paid. The revenue from military service exemption tax amounted to approximately CHF 174 million in 2016. [42]
A new income tax law, passed in 1997 and effective 1998, determined residence as the basis for taxation of worldwide income. [169] The Philippines used to tax the foreign income of nonresident citizens at reduced rates of 1 to 3% (income tax rates for residents were 1 to 35% at the time). [170]
For the year 2010 92.6% of all the confederations income (a total of 62.833 billion CHF) were gained from tax revenues. The largest part of it, 32.9% came from the value-added tax (VAT). The second most important tax revenue in 2010 was the direct federal tax which contributed 28.5% of the whole budget.
Refunds and corrections of erroneously collected tax revenue are treated as negative revenue." [3] UNU-WIDER data is more complex, total taxes consists of taxes, social contributions, grants receivable, and other revenue. Sources are IMF Country Reports [4] and OECD Revenue Statistics. [5] Data are in current national currency.
The Federal Tax Administration (FTA) [a] is the federal office responsible for federal revenue collection and the application of federal tax laws in the cantons. [1] It is subordinated to the Federal Department of Finance .
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.
In January 2017, PwC announced a five-year agreement with GE to provide managed tax services to GE on a global basis, transferring more than 600 of GE's in-house global tax team to PwC. [41] In November 2017, PwC accepted bitcoin as payment for advisory services, the first time the company, or any of the Big Four accounting firms, accepted ...
Gotthard line in 1882 Development of real GDP per capita, 1851 to 2018. Switzerland as a federal state was established in 1848. Before that time, the city-cantons of Zürich, Geneva, and Basel in particular began to develop economically based on industry and trade, while the rural regions of Switzerland remained poor and underdeveloped.