Resident individuals or temporary residents in Switzerland are subject to unlimited Swiss tax liability. This means that Swiss taxes apply to worldwide income and assets.
Limited tax liability applies to non-residents and companies having economic relations to Switzerland.
They are authorised to levy any type of tax as long as the Federal Constitution does not reserve a certain right for the confederation.
To understand the Swiss tax system, it is important to understand there are different tax levels.
The tax withheld from salary is credited interest-free against the assessed tax.