As one of the key measures to improve the Confederation’s financial situation, a group of experts submitted a report to the Federal Council this autumn proposing that pension capital withdrawals be taxed in the same way as pension payments (at the rate that would apply if an annual benefit were paid out).
This measure would abolish the preferential 1/5 taxation of all rates.
2nd and 3rd pillar capital. The Department of Finance wrote in a statement that “the Federal Council intended to put the package of relief measures and, consequently, the regulation on capital withdrawals out to consultation in January 2025.”
If such an amendment were to be adopted, it would come into force on January 1, 2026 at the earliest.
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