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I suppose inheritance would still be subject to income tax? Wouldn’t it be better to have more income tax slabs?
There is zero taxation on Inheritance in certain cantons. Or am I misunderstanding your question?
As in if you inherit some assets valued at X, is it treated as an additional source of income for that year, or as a tax free gift?
In most places, if you’re a child or spouse of the deceased, you don’t pay any tax at all on it.
It depends on the canton but where I live it is a tax free gift.
Thanks for the context!
Sometimes it’s taxed specifically as inheritance, but never as income as fas as I know.