What are the most common taxes in Switzerland?
The typical taxes people encounter are personal income tax, which ranges from 0% to 11.5% at the federal level and can be as high as 36% when combined; corporate tax, set at 8.5% federally and between 12% and 22% combined; and property tax, which ranges from 0.001% to 0.5%. Governments impose these taxes to raise funds for public expenditures on infrastructure, education, healthcare, and other vital services.