alphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 5 days agoSwiss government rejects proposed super-rich inheritance taxwww.swissinfo.chexternal-linkmessage-square61fedilinkarrow-up1262arrow-down12
arrow-up1260arrow-down1external-linkSwiss government rejects proposed super-rich inheritance taxwww.swissinfo.chalphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 5 days agomessage-square61fedilink
minus-squarevin@lemmynsfw.comlinkfedilinkEnglisharrow-up1·4 days 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-up3·4 days 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-24 days agoSometimes it’s taxed specifically as inheritance, but never as income as fas as I know.
minus-squarehubobes@sh.itjust.workslinkfedilinkEnglisharrow-up2·4 days 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!