Glossary entry

French term or phrase:

s\'installer au forfait (Suisse)

English translation:

become eligible for lump-sum taxation (Switzerland)

Added to glossary by Conor McAuley
Feb 3, 2021 18:37
3 yrs ago
42 viewers *
French term

s'installer au forfait

French to English Bus/Financial Finance (general) Taxation
In the sense used in these examples. I am unable to provide context from my text (confidentiality).

https://www.google.co.uk/search?ei=jOwaYMyfAcLBlwT0_5_wCw&q=...

Discussion

Conor McAuley (asker) Feb 4, 2021:
More context "pour les personnes imposées à la dépense (forfait fiscal)"

It's all very clear now anyway, thanks to all.
Conor McAuley (asker) Feb 4, 2021:
Why...
...don't you ever post an answer?

Anyway, I am grateful for your help.
Conor McAuley (asker) Feb 3, 2021:
Thanks... ...a million Emmanuella!

Proposed translations

+1
4 hrs
Selected

become eligible for lump-sum taxation

Swiss residence and lump sum taxation
Home > Swiss Residency > Residence permits > For E.U. or E.F.T.A citizens > Lump sum

What is Swiss lump-sum taxation?
If you qualify, Switzerland enable you to pay only a fixed sum of taxes every year, unrelated to what you really earn or own. In most cantons, you even don't need to fill out a proper tax return. Read more ...

Who can benefit from lump-sum taxation?
To qualify, you need to be a Swiss resident and not to have economic activities within Switzerland.

Have a EU passport (Click if you do not)
No to work within Switzerland
Have an annual income of over 50,000 CHF
Live in Switzerland for at least 180 days (some exceptions possible if in good faith)
Not sure if you qualify ? Contact us

What benefits does a Swiss residence permit give you?

You can live in Switzerland with your spouse, financially dependent descendants and ascendants (children, parents, grand-parents, nephews, niece, great-grand-children, etc...)
Take advantage of Swiss lump sum taxation
Buy Swiss real estate without restrictions
Move within Switzerland without restrictions
Immediately a special CE permit valid for 5 years!
Enjoy one of the highest quality of life in the world
Be located only an hour from London, Paris or Milan

What services does your company offer?
Our company offers you a one-stop solution for your retirement in Switzerland. We make the whole process hassle-free - just tell us what you need and we'll get it.

Application for residence permits to the municipal, cantonal and federal authorities
Negotation of a Swiss lump sum taxation agreement
Help with selecting the area that best matches your needs
Home search (buying and renting, both houses and appartments)
Assistance in import your personal items, works of art, cars, pets or wine cellar
We can set up all Swiss insurances (medical, house, car, etc...)
Personnalized assistance for electricity, telephone, Internet access, a satellite dish, etc...

https://switzerlandisyours.com/E/residency/eu/lump-sum-taxat...

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Note added at 5 hrs (2021-02-04 00:09:18 GMT)
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Lump-sum taxation :: How it works - Impôt d'après la dépense
www.impotdapresladepense.ch › how-it-works
To be eligible for lump-sum taxation, the taxpayer is required to fulfil the following conditions: a) The taxpayer must not be a Swiss national. b) The taxpayer must resident in Switzerland and hold a residence permit. ... As a result, they are eligible for a residence permit if they satisfy certain conditions.

Switzerland moves up as attractive tax location - SWI swissinfo ...
www.swissinfo.ch › eng › switzerland-moves-up-as-attr...
24 Aug 2009 — The system, known as lump-sum tax, is not based on income and wealth, but on a minimum amount – generally the equivalent of five times the annual rent or the rental value of the house the taxpayer lives in. Only foreigners with a residence permit are eligible for lump-sum taxation.
Peer comment(s):

agree Emmanuella
11 hrs
thanks!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks Chris, thanks to all!"
+1
12 mins

to establish residence (settle) under a lump sum taxation regime

See https://context.reverso.net/translation/french-english/forfa... , http://www.themovechannel.com/magazine/stories/safe-haven-sw... and https://fr.wikipedia.org/wiki/Forfait_fiscal#:~:text=Un forf...

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Note added at 14 mins (2021-02-03 18:52:29 GMT)
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Note: I am assuming that "forfeit" is short for "forfeit fiscal".
Peer comment(s):

neutral Mpoma : on the right lines, but I think you'd be lucky if you didn't have to pay tax each year, so "flat-rate" (i.e. each year, not just a one-off, which "lump sum" implies)
3 mins
agree philgoddard : I don't agree that "lump-sum" implies one-off.
1 hr
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1 hr
French term (edited): CH s'installer au forfait

acquire settled status on an annual, flat rate-taxed scheme

Coincidentally -newly retired - UK language-student contemporaries of mine have moved to Switzerland under the German version - Pauschalbesteueung für Rentner / pensioners > of this scheme, as per Emmanuella's ref.

Flat-rate tax: a.k.a. in UK inheritance tax, a periodic annual charge based on pay-as-you-pay expenditure vs. income.
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