alphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 2 days agoSwiss government rejects proposed super-rich inheritance taxwww.swissinfo.chexternal-linkmessage-square47fedilinkarrow-up1227arrow-down12
arrow-up1225arrow-down1external-linkSwiss government rejects proposed super-rich inheritance taxwww.swissinfo.chalphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 2 days agomessage-square47fedilink
minus-squarevin@lemmynsfw.comlinkfedilinkEnglisharrow-up1·20 hours agoAs in if you inherit some assets valued at X, is it treated as an additional source of income for that year, or as a tax free gift?
minus-squareRaylon@lemmy.worldlinkfedilinkEnglisharrow-up3·12 hours agoIn most places, if you’re a child or spouse of the deceased, you don’t pay any tax at all on it.
minus-squareKazumara@discuss.tchncs.delinkfedilinkEnglisharrow-up2·edit-212 hours agoSometimes it’s taxed specifically as inheritance, but never as income as fas as I know.
minus-squarehubobes@sh.itjust.workslinkfedilinkEnglisharrow-up2·13 hours agoIt depends on the canton but where I live it is a tax free gift.
As in if you inherit some assets valued at X, is it treated as an additional source of income for that year, or as a tax free gift?
In most places, if you’re a child or spouse of the deceased, you don’t pay any tax at all on it.
Sometimes it’s taxed specifically as inheritance, but never as income as fas as I know.
It depends on the canton but where I live it is a tax free gift.
Thanks for the context!