by CF: telecommuting and frontier workers, from January new law Keystone-SDA Listen to the article Listening the article Toggle language selector English (US)
Topics:
Swissinfo considers the following as important: 3) Swiss Markets and News, 3.) Swissinfo Business and Economy, Featured, newsletter
This could be interesting, too:
Artis Shepherd writes Caplan’s Errors on the UAE and Open Borders
Joaquin Monfort writes USD/CHF Price Forecast: Reaches overbought levels
Ryan McMaken writes We’re Already on Track for a Trillion Deficit this Year
Jane L. Johnson writes It’s Greek to Us: Angry Generation Z Women Reenact “Lysistrata” Post-Election
As of next January 1, 2025, the new Swiss law on taxing telecommuting cross-border workers will come into effect.
The legislation became necessary because of the spread of this practice, driven particularly by the Covid-19 pandemic, and is intended to prevent the erosion of tax revenues for the Swiss federal government. Indeed, conventions to avoid double taxation stipulate that employment is taxed in the state where the work is physically carried out.
+Get the most important news from Switzerland in your inbox
To solve this problem, Switzerland has negotiated agreements with Italy and France, two of its neighbours with the largest number of cross-border commuters. Thanks to these agreements, teleworking by a cross-border worker can continue to be taxed in Switzerland up to a certain limit (in Italy up to 25% of annual working time and in France up to 40%).
Also on January 1, 2025,” the government points out in a note, “the implementing provisions contained in the Federal Department of Finance withholding tax ordinance, which provide legal certainty in the event that the employment relationship between the Swiss employer and the French-domiciled employee ends before December 31, will also come into force.
Adapted from Italian by DeepL/ac
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to [email protected].
Tags: Featured,newsletter