<P> For natural persons, the tax generally follows a separate progression from income taxes, diminishes with number of years held, and often can be postponed in cases like inheritance or for buying a replacement home . The tax is levied by canton or municipality only, there is no tax at the federal level . However, natural persons involved in real estate trading in a professional manner, may get treated as self - employed and taxed at higher rates similarly to a company and, additionally, social contributions would then need to be paid . </P> <P> For companies, capital gains are taxed as ordinary income at the federal level, and at the cantonal and municipal level, depending on the canton, either as ordinary income or at a special lower tax progression, like for natural persons . </P> <P> No tax is collected from individual investors whose annual transactions are below T $1 billion ($33 million). Transactions above T $1 billion will be charged with a 0.1 percent tax . </P> <Table> <Tr> <Td> </Td> <Td> This section is empty . You can help by adding to it . (April 2014) </Td> </Tr> </Table>

When does a person have to pay capital gains