Tax Stories

Tax Stories

What better tax regimes does Europe offer to those who want to move?

The so-called non-dom regime is being abolished in Great Britain. Capital and people often migrate to Switzerland, Spain, Italy, Portugal, Cyprus for this and other reasons. What is appealing there?

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Tax Stories
Jan 14, 2025
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Switzerland

PIT

Some cantons offer a flat PIT rate for people who do not work in Switzerland and are not Swiss citizens, without applying PIT on capital gains. PIT in this regime is applied as a % of shared expenses. For example, if the canton estimates that a person's lifestyle in Switzerland involves spending EUR 1m per year and the average such PIT is …

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