Helvetio advises you on managing your wealth in order to minimize the impact of taxes.
- Inheritance taxation
- Gain on shares sale
- Dividends taxation(swiss or foreign)
- Income Tax Simulation
- Rental incomes (rent collected, in Switzerland or abroad)
In terms of inheritance tax, the applicable law and taxation depends on countries where the deceased and heirs are located. Usually when the deceased had his tax residence in Switzerland, the applicable law and taxes are in Switzerland.
However, agreements with certain countries may affect this principle. Each customer is different, please contact us to expose your situation.
More information on:
At the federal level, there is no inheritance tax. The tax rate depends on the canton and commune, and the relationship between the deceased and the heir.
Many cantons practice NO TAX when the inheritance is in direct line (children inherit their parents). For example, this is the case of the canton of Fribourg.
However, the cantons which tax inheritance generally have very moderate tax rates. For example, the canton of Vaud taxes 3.5% of the assets transferred on direct line inheritances.
We analyze several criteria, for example a real estate will be taxed in the canton where it is located.
When installed in Switzerland, your income is taxed in Switzerland at the municipal, cantonal and federal levels.
Depending on your situation, you will be taxed at source (directly deducted by the employer), or regular tax, or also Lump sum taxation
The statement includes the received income, but also several deductions.
We work with skilled and serious Trustees to support you when reporting your income and minimize your taxes.
- Lump sum taxation (on the spending)
no statement is required and the amount of tax corresponds to what was originally agreed.
- Tax at source
This is directly deducted by the employer, which transmits it to the tax department of its canton. The statement is then optional.
- Regular income tax
The income is annually declared to the canton of residence.
Added value on the shares
In Switzerland, gains on capital on shares are called "capital gain". It concerns the capital gain realized on the sale of shares.
In Switzerland, capital gains are not taxed when they are done rarely, except for gains realized by professionals.
Taxation of dividends
Switzerland has agreements with many countries to avoid double taxation of dividends. This is the case for example with France. Dividends are taxed and in the place of tax residence, not in the country where the company is located.
When distributing dividends, the company retains an anticipated tax prior to distribution. The rate of this tax depends on the country of the company concerned.
According to international agreements, this withholding tax provides the right to get a tax credit in the country of the beneficiary.
Thus, the dividends received are taxed in the country of tax residence, not in the country of the company.
Tax on rental income
The rental income is taxed in the place where the concerned real estate is located. This applies to the countries of the EU, but also for the Swiss cantons.
These income must then have a statement in the country/canton where the real estate is located.
We support you with solutions to manage your real estate, and decrease the income tax.
In Switzerland, retirement planning is made of three pillars. The first pillar is called "AVS" and you must have contributed during your professional career to become eligible.
The 2nd Pillar is called "LPP". It corresponds to the amount contributed during your career. The third pillar is called "Personal 3a". It is free to fee. The third pillar is tax deductible up to CHF 6'739.- per year and per person. So a couple may deduce up to CHF 13478.- on the taxed income.
Considering your current tax rates, this 3rd pillar is very interesting. Helvetio can expose and help to open a 3rd pillar account.
Helvetio works with experts on wealth management.
Each customer is different, so depending on your situation and patrimony, we recommend you a specialised expert to secure your patrimony and get an optimal performance.
We work on varied assets, buildings, shares and other financial products.
Contact us for more information.