Mentor Group Gold
what's the orange fields about?
stupid, stupid question. Does withholding tax is the same as income tax ?Exactly. As someone with 8 figure wealth I would not even bother with Switzerland. The 35% dividend is outrageous. It can be reduced under treaty to as low as 10% for an individual but why bother with Swiss bureaucracy.
Ever wondered how much tax you pay, or you just need a salary projection? Check it out easily!incometax.ch
Around 2,000 CHF. A 5,000 CHF salary is quite common in Switzerland and most people can live on this comfortably if you don't get sick as like ambulance is 800chf and Rega air ambulance like 3,000chf. In Switzerland the unknowns are very high and Krankenkasse (Health insurance) does not cover everything sadly.
I mean, I get 8700 CHF every months (assume I relocate there) so what this calculater shows is what I get legally out every months after I have paid all taxes right?