What makes Switzerland so attractive?
Saving taxes like Boris & Co.:
In this week the well-known tax law expert Professor Kirchhoff will present his radical model for the reorganization of the German fiscal system. A number of people do not want to wait any longer. Boris Becker and the German Milk King Müller are Two current examples for moving to Switzerland for tax reasons. What's the reason for it? Tax paradise only for the rich people or a superior tax system from which we can learn a lot?
The small Switzerland is a magnet for millionaires, money launders and tax evaders - these are the major stereotypes. They are at all time supported by prominent immigrants who basically bring one thing along: endless personal assets. They are, for instance, top sportsmen, rich heirs and men about town, legendary entrepreneurs - many of them have arranged a lump sum with the Swiss tax authorities.
Schumi's tax rate: 2.5 per cent:
Example Michael Schumacher: According to information from the Swiss media the Formula 1 driver pays only 2.5 million Francs per year. A tax rate of 2.5 per cent - in Germany he would have to pay at least thirteen fold.