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Old 04.08.2015, 23:46
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Taxed at income (Impôt à la source) and 2nd pillar

Hello, everybody.

I've been working here in Switzerland since 2009 and was always taxed at income (automatically by my employer).

As I understood, this is "maximum" tax without any deductions taken into consideration. Even contributions to 1st and 2nd pillar are done with "clean" money (taxed already).

Now when I saved enough money on my 2nd pillar for property purchase, I am facing the funny situation - they want me to pay income tax AGAIN on that money. (However it is much less - around 6-7%).

I know that there is an option to fill the tax declaration if you earn more than 120k per year, where you can finally deduct those contributions from your taxed income (along with many other things) and I did it in 2014 with the help of professional.

However, what about the other years in the past? Is there a way to somehow reclaim the tax paid on that money or reduce the amount on my 2nd pillar that needs to be taxed?
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Old 05.08.2015, 23:48
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Re: Taxed at income (Impôt à la source) and 2nd pillar

It seems that I was not fully right.

As this page explains in the section "Détail des déductions relatives à l'impôt cantonal et communal incluses dans le barème de l'impôt à la source 2015", some deductions are already included in the "À la source" tax, including contributions to 2nd pillar.

So for instance, "à la source" tax for 100k income will be much less than "regular" tax for the same 100k (if you do the declaration), because of "deductions" already included in it.

It makes sense and explains everything.
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Old 06.08.2015, 00:51
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Re: Taxed at income (Impôt à la source) and 2nd pillar

Yes you have to pay taxes for the money from the 2nd and 3rd pillar when you get it back. If you have 3rd pillar and are taxed at source, you have to complete a special formular each year to get back taxes on what you deposit for the 3rd pillar.
Also because you have to pay taxes when you get your money back, many Swiss have not just one, but more 3rd pillar accounts. When you are at age to retire, or want to buy a house with 3rd pillar money, you may choose to get your money back from different accounts in different years, so that you pay less taxes.
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