Archives des Tax - Tax Advisory Firm Laetitia Mazanek - Sion

Swiss tax treatment of cryptocurrencies and tokens in the context of ICO/ITO

Swiss tax treatment of cryptocurrencies and tokens in the context of ICO/ITO (This article is not exhaustive. For more information, you can consult the Federal Tax Administration’s working document dated December 14, 2021.) As a preamble, it should be noted that the tax treatment of business assets and returns on business assets differs from the […]

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Valais, a welcoming land for wealthy taxpayers in French-speaking Switzerland

Real Estate, Tax / CPDMazanek86

1. Lump sum tax Foreign nationals who are not gainfully employed in Switzerland may benefit from a simplified tax system in certain cantons called “expenditure-based taxation” or “lump sum tax.” The principle is as follows: a lump sum tax amount is set in consultation with the cantonal tax administration. The taxpayer concerned will only pay

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Real estate capital gains tax

Real Estate, Tax / CPDMazanek86

I own a property in Valais that is part of my private assets. What happens from a tax perspective if I sell it ? In Switzerland, each canton is free to set the tax rules for real estate gains, within the limits of the law (Art. 12 LHID). The Confederation, for its part, does not

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Owning a second home in Valais : tax consequences

Real Estate, Tax / CPDMazanek86

I own a second home in Valais. What are the tax implications? When you reside outside Switzerland, purchasing a property in Valais means that you become a limited taxpayer there. In other words, you are required to pay income tax at the municipal, cantonal, and federal levels, as well as wealth tax at the municipal

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The uniformization of tax laws: new lost freedoms ?

Tax / CPDMazanek86

It’s time to question whether the protectionist ideas of our OECD friends truly justify the loss of our legislative autonomy At a time when the practice of tax optimization was not yet an affront to decency, the objective of bilateral tax agreements between states was to protect taxpayers from multiple taxation. Recently, many states have

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