Is it true that Switzerland has no capital gains taxes? Switzerland does not have capital gain taxes, except for people whose professional activity it is to buy and sell assets of a certain type (for example shares) and for real estate located in Switzerland. An interesting application of this is when for an example a British businessman sells his company. If he is a resident of Switzerland when he sells, it is usually possible to make it so that no capital gains taxes are due neither in the UK nor in Switzerland on the proceeds of the company sale. |
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