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Re: [Swiss-list] US taxes, US-Swiss couple in Switzerland

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Re: [Swiss-list] US taxes, US-Swiss couple in Switzerland

From: Maria Otero <click for textversion of email address >
Date: Fri, 18 May 2007 09:26:51 -0700 (PDT)

Dear Ralf,
   
  The 41.5% is the maximum tax rate (it might have changed since I moved
  out of Switzerland in 2004), just as it is 35% for federal purposes in
  the US and 9.3% for California.
   
  You are right that unlike the US, the canton's and commune tax rates are
  more important than the Federal tax rate. It varies a lot amongst
  cantons. For example, Geneva and Zurich have highest tax rates and
  Schwytz....In general, depending on personal situations and income level,
  the tax expense in Switzerland is similar to the US.
   
  Regards,
  
Maria
Received on Fri May 18 2007 - 14:57:58 PDT

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