China's Swiss double taxation agreement covers a number of different taxation types, from income tax capital which is levied by both China and Switzerland. With regards to Switzerland, the taxation types which are listed in the treaty are the federal, cantonal and communal taxes, which are:
- on income: total income, income from capital, commercial profits, capital gains and others;
- on capital: movable and immovable property, business assets and other items of capital.
A focus on the Chinese part of the treaty shows that the agreement covers the following taxation types:
- the personal income tax;
- the corporate income tax.
To establish a business in Switzerland it is vital to understand the treaties and how they work for businesses and international investors. We recommend speaking to one of our consultants for more information on the treaties and Switzerland's various taxation types.