Paying taxes again on already taxed money is robbery, in CH there are no capital taxes...
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@Notroht One of the reasons why so many emigrate to Switzerland
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•@suscimer Unfortunately, from the turn of the millennium onwards, DE will be driven to the wall as the economic engine for the entire EU...
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@Notroht And in Switzerland there is no value added tax either? No oil tax? You pay taxes every time you buy something with your money.
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@MWS There is no advance tax as a CH taxpayer, no matter which broker you are with and no capital tax either. But there is also a dividend tax. But with dividends from CH companies you get it back...
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•@devnerd_daddy This does not change my statement that there is no capital gains tax in CH. The gains on the sale of shares are tax-free.
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•@Notroht Only the profits are taxed. To my understanding, where do you pay taxes twice on profits from capital investments?
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@YannickSch Most people have a salary, which is taxed. With a certain remaining amount one wants to improve his life situation and invests e.g. in shares. If you have to pay tax on this amount again when you are successful and balance this investment, you have paid tax on this success twice.
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•@Notroht I do not find because only the profit is taxed, the profit was not there when the investment was made and has therefore not been taxed. I find it rather unfair that the tax rate for capital gains tax here is 25% for all as far as I know (certainly not always and without exception) and there is no progression in it. So under 25% for lower incomes or low capital gains and up to a maximum tax rate of up to say 42% as on salary. The discussion about it leads me but too far 😅 About no capital gains tax I would not complain but :D
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•@YannickSch You asked, I gave my view. I think the officials should open another donation account for citizens who would like to pay even more taxes. 😅🥳🙃👍
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