How Switzerland’s Lump-Sum Tax Works for Low Taxes

Did you know Darth Vader’s cousin lives in Switzerland and drives a cab? He’s called ‘Taxi Vader’.

Around 40 years ago, a report commissioned by the US Treasury office described Switzerland as ‘the prototype of the modern tax haven’. Since then, various reforms have closed any glaring tax loopholes and forced the sharing of tax information between international partners and jurisdictions.

Switzerland isn’t a tax haven anymore, but it’s still a country where you pay lower taxes if you structure things properly. Why? Because…