In Switzerland, the tax compared to the rest of Europe are very low. The tax rate for companies in Switzerland consists of three tax values:
- The direct federal tax of 8.5%
- Cantonal corporate income tax about 6% – 16%
- Capital levy of about 0.05% – 0.3%
This is depending on the canton, a tax burden of approximately 14.5% – 25%. Thus the tax rate in Switzerland for companies far below the average in the European comparison.
Agreement for the avoidance of double taxation
Switzerland has signed a double taxation agreement (DTA) with more than 60 states (including almost all Western countries).