Many business owners ask themselves: Should I use my private car for business purposes, or should I invest in a company-owned vehicle? What is the most tax-efficient option? First Things First: The use of a vehicle must fundamentally make sense. For example, a kiosk owner with just one retail location will struggle to justify the [...]
For every employee working (partially) from home, the question arises at the latest with the arrival of the tax declaration: Are certain home office expenses deductible from taxable income, or better yet, should they be reimbursed by the employer? That’s correct—this is a simple way to optimize taxes. Read on to learn how it works. [...]
Imagine you received a letter from the tax office about “Einkommensmanko” or “unerklärlicher Vermögenszuwachs” (income shortcoming), in which you are asked to explain the difference and explain the reasons. Likewise, sometimes you will need to explain a decrease in assets “Vermögensrückgang”. What exactly does it mean? Why does it happen and what could be the [...]
The beginning of every year is associated with delight, hopes for the future, and also with preparing the tax return where real estate must be reflected. If foreign real estate makes your situation too complex to handle alone, you can always have your tax declaration filled out by our team instead. This question is especially [...]
A car is considered an asset in Switzerland and consequently must be declared as a movable asset in the tax return. Although a car is taxed at much lower rates compared to income tax, its correct reporting can become a Herculean task for the average person. One of the main reasons for this is the [...]
To the practical example Inbound dividends and their withholding taxation Are you a shareholder who owns foreign stocks? Then you are probably someone who has to deal with foreign dividends – and the corresponding withholding tax in your tax returns. Dividends that accrue abroad are usually subject to withholding tax. In the end, the only [...]
