Individuals who stay in Switzerland for 30 days or more for business purposes, or for 90 days or more regardless of purpose, are considered to have moved there and to be tax residents. The same applies to individuals who take up residence in Switzerland with the intention of permanent residence.

Resident taxpayers in Switzerland are taxed on their worldwide income, with the exception of profits from business activities and real estate located abroad (outside Switzerland), while non-resident taxpayers are taxed on employment income, business income, and income from real estate sourced in Switzerland.

Switzerland has a progressive tax system, with federal rates ranging from 1 to 13%. In addition, various cantonal tax rates apply, with significant differences between cantons and even between different parts of each canton. Taxation is also progressive in most cantons.

As a general rule, Switzerland does not grant a tax credit for taxes paid abroad, as Switzerland only taxes net foreign income after foreign taxes have been deducted. There are some exceptions to this, including for certain dividend income.

Switzerland does not have a wealth tax at the federal level.

* However, wealth tax is levied in certain cantons.

The tax year in Switzerland corresponds with the calendar year.

The deadline for filing the individual tax return in Switzerland varies from canton to canton.

Switzerland has property tax in certain cantons.