5 Tax Implications For Us Citizens Living In Switzerland

April 13, 2023 1 Min read Views 69 BUSINESS

In addition to foreign bank accounts, you may also need to report other foreign assets, such as real estate, investments, and business interests. The reporting requirements for foreign assets are complex, so it’s important to consult with a tax professional to ensure that you comply. Living in Switzerland as a US citizen can be a wonderful experience, but it’s important to be aware of the tax implications. By staying informed and working with a tax professional, you can ensure that you stay in compliance with both US and Swiss tax laws.

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