Boban1: What are the interest rate in Swiss Banks ???
We have here some ,from 4% to 7% per year [tax on income from bank saving is 10% for now....will be probably 20% after new year]
If you enter your Interest as Income you'll get most of the Tax refunded! Tax on Interest is about 33%,and that's what everyone pays,unless they fess up and pay Incometax on it,then its bearable!
I don't have that much in my Bankaccount to make an astronomical Difference! My Refund from the Taxes that are deducted by the Bank from the Interest sometimes exceeds the amount of Incometaxes I have to pay! Actually sometimes the Government pays me,sort of!
JSuburbia: To be honest, I could careless which is the richest, because isn't a one of them giving me any money :)I'm not saying they should have to, just saying, that they in fact are not.
Conrad73: If you enter your Interest as Income you'll get most of the Tax refunded! Tax on Interest is about 33%,and that's what everyone pays,unless they fess up and pay Incometax on it,then its bearable! I don't have that much in my Bankaccount to make an astronomical Difference! My Refund from the Taxes that are deducted by the Bank from the Interest sometimes exceeds the amount of Incometaxes I have to pay! Actually sometimes the Government pays me,sort of!
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