The Popularity of Switzerland
Switzerland's tax system is among the world's most
attractive for both corporations and individuals. Offering one of
the lowest tax rates in Europe, Switzerland is popular with leading
international companies and their internationally qualified
employees.
The Swiss tax system is decentralized, most taxes are
administered by the cantonal tax administrations which are
responsible for collecting federal, cantonal and any local tax.
There are 26 cantons in Switzerland and the cantonal tax
administrations are audited by the Federal administration.
The Rule and the Purpose
Each year individuals and companies based in Switzerland, must
complete and file a tax return with the relevant authority.
