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Old 01.11.2007, 02:53
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Tax on withdrawal of AHV + 2nd Pillar

As a man from a third world country (nonCH nor nonEU) and working CH for some years, I am aware that I can withdraw my AHV + company pensions in cash on my way home.

Here comes my question.
It is reasonable that I must pay tax for the portion of the contributions from the government and the company, but according to an HR man in my company I also have to pay tax for my own contributions, although these contributions were already taxed every month from my gross salary (quellensteur?). He gave me two websites to support his opinion.


Unfortunately, they are all in German and I have no clue. Is he really correct?

Many thanks for your input.
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Old 29.01.2008, 10:05
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Re: Tax on withdrawal of AHV + 2nd Pillar

Yes you pay tax on it, albeit much lower than income tax. This is because the swiss would be taxed on the amount at retirement.

I believe the wisdom is you are best off moving the money in two steps, first to a "freizugikeitskonto" in Schwyz canton which has the lowest rate of such tax, and then withdrawing it. I have seen this firm mentioned who seem to assist (no link to me, no implicit recommendation) site is in english http://www.pens-expert.ch/en/expert/

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