alphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 8 days agoSwiss government rejects proposed super-rich inheritance taxwww.swissinfo.chexternal-linkmessage-square49fedilinkarrow-up1262arrow-down12
arrow-up1260arrow-down1external-linkSwiss government rejects proposed super-rich inheritance taxwww.swissinfo.chalphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 8 days agomessage-square49fedilink
minus-squarevin@lemmynsfw.comlinkfedilinkEnglisharrow-up1·8 days agoI suppose inheritance would still be subject to income tax? Wouldn’t it be better to have more income tax slabs?
minus-squarehubobes@sh.itjust.workslinkfedilinkEnglisharrow-up2·8 days agoThere is zero taxation on Inheritance in certain cantons. Or am I misunderstanding your question?
minus-squarevin@lemmynsfw.comlinkfedilinkEnglisharrow-up1·8 days agoAs in if you inherit some assets valued at X, is it treated as an additional source of income for that year, or as a tax free gift?
minus-squareRaylon@lemmy.worldlinkfedilinkEnglisharrow-up3·7 days agoIn most places, if you’re a child or spouse of the deceased, you don’t pay any tax at all on it.
minus-squareKazumara@discuss.tchncs.delinkfedilinkEnglisharrow-up2·edit-27 days agoSometimes it’s taxed specifically as inheritance, but never as income as fas as I know.
minus-squarehubobes@sh.itjust.workslinkfedilinkEnglisharrow-up2·7 days agoIt depends on the canton but where I live it is a tax free gift.
I suppose inheritance would still be subject to income tax? Wouldn’t it be better to have more income tax slabs?
There is zero taxation on Inheritance in certain cantons. Or am I misunderstanding your question?
As in if you inherit some assets valued at X, is it treated as an additional source of income for that year, or as a tax free gift?
In most places, if you’re a child or spouse of the deceased, you don’t pay any tax at all on it.
Sometimes it’s taxed specifically as inheritance, but never as income as fas as I know.
It depends on the canton but where I live it is a tax free gift.
Thanks for the context!