Swiss Economicblogs.org
In Switzerland, parents can claim tax allowances for their children. Currently they can deduct CHF 6,500 for each child plus up to CHF 10,100 per child for money spent on childcare from their federal tax calculation. © Marija Starcevic | Dreamstime.comResidents of Switzerland pay three layers of tax: federal, cantonal and municipal. These particular deductions apply only to federal tax. The Federal Council and Parliament decided to increase the per child deduction from CHF 6,500 to CHF...
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