Taxes

In 2010, the canton lowered the income tax burden for everyone by an average of ten percent. The canton of Glarus offers an attractive tax situation, as a recent study by BAK Basel Economics shows.

The federal, canton and township tax income; the canton and township also levy a tax on assets and the church a church tax. The cantonal rates in detail:

  • Income is taxed progressively up to 17 percent (simple tax).
  • Assets are taxed at three-tenths of a percent (simple tax).
  • Married and single taxpayers with children benefit from a total taxable income divided by 1.6.
  • Property gains are taxed from 3 to 39 percent. If a property is held for a shorter time, the rate is higher; if it held for a longer time, the rate is lower.
  • Inheritances are taxed at 2.875 to 28.75 percent (including 15 percent building tax). Spouses and direct offspring are tax exempt.
  • Lump-sum payouts from columns 2 and 3a are taxed at a full annual tax rate. The simple tax is 4 percent of the lump-sum payment.

Statistics «Disposable Income»

Statistik «frei verfügbare Einkommen»