Taxes in Switzerland are levied by the Swiss Confederation Switzerland , officially the Swiss Confederation (Confoederatio Helvetica in Latin, hence its ISO country codes CH and CHE), is a landlocked alpine country of roughly 7.7 million people (2009) in Central Europe with an area of 41,285 km². Switzerland is a federal republic consisting of 26 states, called cantons. Bern is the seat of the federal, the cantons The 26 cantons of Switzerland are the member states of the federal state of Switzerland. Each canton was a fully sovereign state with its own borders, army and currency from the Treaty of Westphalia until the establishment of the Swiss federal state in 1848. The most recently created canton is the Canton of Jura, which separated from the Canton of and the municipalities A municipality is an administrative entity composed of a clearly defined territory and its population and commonly denotes a city, town, or village, or a small grouping of them. A municipality is typically governed by a mayor and a city council or municipal council. Switzerland is sometimes considered a tax haven Individuals and/or Corporate entities can find it attractive to move themselves to areas with reduced or nil taxation levels. This creates a situation of tax competition among governments. Different jurisdictions tend to be havens for different types of taxes, and for different categories of people and/or companies due to its general low rate of taxation To tax is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law, its political stability as well as the various tax exemptions or reductions available to Swiss companies doing business abroad, or foreign persons resident in Switzerland.
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Business Mirror
Switzerland has been a center of resistance to taxation for centuries. The legend of William Tell is the tale of how a rebellion against a Hapsburg empire ...
