Not on their own citizens.
"Rich foreign nationals resident in Switzerland can be taxed on a lump-sum basis if they do not work in the country. Around 0.1% of taxpayers are taxed using lump-sum taxation " in 2018 that meant 4,557 people which paid in total CHF 821 million in tax."
"This taxation is based on estimated living expenses, rather than on real income and assets. This means that there is no need for reporting effective global earnings and assets. However, this amount is calculated using the regular tax rates in Switzerland."
"The full requirements for being eligible for lump-sum taxation are no Swiss citizenship, taking up residence in Switzerland and no gainful activity in Switzerland. In case of married couples, both people have to fulfil these requirements. The right to lump-sum taxation expires if a person takes up an employment in Switzerland or becomes a Swiss citizen."
So, using Elon Musk for example here, he actually lives in Boxabl Casita, a $50k home. You're getting nothing.
This sounds so implausible, BitCoin owners using some gas station ATM machine
#9 | Posted by oneironaut at 2025-12-31 03:35 PM | Reply | Flag:
They're not bitcoin owners. They're people trying to own bitcoin.