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My hubby and I will be relocating to Lausanne for our careers and i am interested in knowing what we can expect to pay in taxes after settling there.
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My hubby and I will be relocating to Lausanne for our careers and i am interested in knowing what we can expect to pay in taxes after settling there.
Hi there,
In Switzerland, the income of temporary residents is taxed at its source - meaning your taxes will be deducted directly from your income.
The tax deducted is made up of the average municipal taxes of all municipalities in a canton, plus cantonal and federal taxes.
You can find information about the withholding tax levied in the Canton of Vaud here:
http://www.vd.ch/themes/etat-droit-finances/impots/espace-professionnel/impot-a-la-source/
Best regards from Moneyguru