Timeline for How is Switzerland able to maintain low tax levels?
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| May 22, 2021 at 9:45 | comment | added | meriton | According to OECD stats, Swiss income taxes (13.37% GDP) are above the OECD average (11.52% GDP). In addition, property tax amounts to a mere 2.05% GDP, only marginally higher than the OECD average of 1.86% GDP, and can not possibly explain how Switzerland manages to have much lower taxes on goods and services (5.8% GDP) than the OECD average of 10.9% GDP. Put differently, the "missing" VAT is over 20 times bigger than the additional property tax. | |
| May 21, 2021 at 20:32 | history | answered | Cjxcz Odjcayrwl | CC BY-SA 4.0 |