Tuesday, 2 October, 2012
Tax advice for expats losing their job and relocating
Geneva tax authorities will be expecting about 30 to 40 million francs in extra revenue next year from the 260 Merck Serono employees (out of the 1250 redundancies) who will be transferred to a site abroad. This revenue will come from taxation of redundancy money, according to the Le Temps newspaper. WRS’s Alex Helmick asks Jamal Reddani, from the Fiduciaire Reddani accounting firm, which specializes in expat clientele, what the rules are when expats in Switzerland lose their jobs and leave the country:
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Total comments: 2 | Add to the discussion.
It is a good thing to know that there are tax advices readily for expats who cannot really recuperate from a job loss or a relocation. Tax expat services are really going to help a lot of people.
That is too much tax. I don’t know how they compute for expat taxes but it sure is a lot. Good thing that they have some sort of help when they need it through expat tax advise services.
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