Switzerland has an unusual tax arrangement which foreigners can take advantage of. The lump-sum taxation system is available in certain Cantons and allows private individuals to pay a fixed amount of tax every year based on certain criteria that are supposed to reflect how much the taxpayer is expected to spend rather than how much […]
For 2019 tax returns the official FTA exchange rates are: Income Fortune USD 1 = CHF 0.99365558 CHF 0.968374 EUR 1 = CHF 1.11247283 CHF 1.087 GBP 1 = CHF 1.26829753 CHF 1.282822 Foreign exchange rates are available here. Average monthly exchange rates are available herei. Daily exchange rates supplied by the […]
Since 1 January 2018 all companies that provide goods or services to Switzerland and which have a worldwide turnover of at least CHF 100,000 (about US$ 100,000) are required registered for Swiss VAT. These companies need to register with the Swiss Federal Tax authorities as soon as they begin their activities in Switzerland. In order […]