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Date: Fri, 18 May 2007 08:17:23 -0400
Maria, Dan,
not sure where Maria chose to live in Switzerland, but a personal tax rate of
41.5% does not sound very plausible to me. You must have lived in an
excessively high tax municipality -or have had a very high income.
Typically, and even in higher tax environments, about 35% income tax is about
what you should end up paying.
If you live in some of the aggressive tax havens, 15% to 20% income tax rate s
not unlikely - even at very high income levels.
Which leads to another recommendation. Dan, you have to pay attention
where you
move to in CH, the municipality (or city) is typically most important to
determine your effective tax rate. After that, you should be looking at the
Cantonal Tax rates. For examble, residing in Canton of Zurich in general is
good, Canton St. Gallen will result in significantly higher effective tax
rates. But again, you may be living in a high tax municipality in Canton of
Zurich and pay more taxes overall, as compared to living in a really low tax
municipality in Canton St. Gallen.
Then there are tax havens like Freienbach, SZ, or Canton of Nidwalden, or
Obwalden. I am not that familiar with the situation in Western Switzerland,
but in general, tax rates are significantly higher in the French speaking part
of CH than in the German speaking part.
Ralf
Received on Fri May 18 2007 - 08:34:37 PDT
