Quote:
Originally Posted by Wickd89
Actually they are not a high tax country. They have some of the lowest taxes I have ever seen. I use to live there and my wife is Swiss.
For example, Michael Schumacher, Tina Turner, Lewis Hamilton, and others move there due their low tax structure...
Now they are a high "fine" place.
Once I got caught by two speeding cameras on the same road within 2 minutes. I turned around to go back up the road and got "flashed" again!
Remember this is not Sweden, totally different - they are high tax and in all the examples...
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Actually, regular swiss natives are not taxed as low as Schumi, Tina and Lewis are.
They get a special tax deal to lure them over.
The idea is, that the Swiss govment figures they get 0% of nothing if they don't move there, so they might as well undercut the other countries by offering them an undercut rate... If the person in question makes 10 000 000 a year, that low percentage still means they get a reasonable amount...