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Old 05.02.2011, 00:41
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3rd Pillar, Saving taxes (permit B)


Being new to this wonderful country, I have been told Permit B holders could save taxes by subscribing to some sort of saving account called 3rd pillar...

1- How does it work? You subscribe to an account like this at a Bank or Insurance company, then you get a certificate that you can use to pay lower monthly taxes (because I am permit B I am being taxed to the source). Or is it like you have to ask for a tax refund every end of year?

2- I have heard It was more profitable to use an Insurance company than a bank for a 3rd pillar... is this correct, and can you guys recommend me any places where I should apply for 3rd pillar?

3- Any other tips for a Permit B holder to save taxes?

Any help is greatly appreciated Thanks guys!
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Old 11.02.2011, 22:08
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Re: 3rd Pillar, Saving taxes (permit B)

I also would like to know more about this. I think it's not only for Permit B holders, but for anyone paying taxes in Switzerland. From what I understand, you can use it to estimate your taxable income, so it should lower your monthly payments. Just be careful, because the rules for withdrawal are quite strict (penalties unless you are within 5 years of retirement, are buying a home, or are moving out of the country).

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Old 12.02.2011, 08:14
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Re: 3rd Pillar, Saving taxes (permit B)

3rd Pillar Pension Fund

and the search facility (c;
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