

Lower financial difficulties Swiss cantons mostly by Ulrika Lomas, tax - News .com, Brussels
Last updated 15 hours ago | 09 December 2010
According to recent figures calculated by the Swiss Federal administration and finance (l?Administration f?d?rale finance ? light) and published by the Federal Government, the downward trend in the tax burden in the Swiss cantons, observed during the past few years, continues.
Reflecting the total tax burden imposed by a township, the index operation tax potentials, published for the first time in 2009, shows the extent to which the cantonal and taxes effectively municipal burden taxpayers. The index shows the extent to which values and potential resources created by taxpayers are taxed.
As regards the financial operation of potential resources by the different cantons in Switzerland, 2011 index shows that on average, 24.8% of potential resources are burdened by cantonal and municipal taxes marking a decrease by 0.5% in 2010, the reference year.
Federal Government notes that there is little change as regards the tax burden between the different cantons in Switzerland difference. Tax burden in the cantons of Nidwalden, Schwyz and Zug central Swiss remains well below the average.


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