§ 58 Tax Act (StG) - Capital Benefits from Insurance and Pensions

1. Capital Benefits According to Sections 24 Paragraph 2 and 29 Paragraph 1, as well as Payments in Case of Death or for Permanent Physical or Health Disadvantages

Capital benefits as specified in Sections 24 paragraph 2 and 29 paragraph 1, along with payments made in the event of death or for permanent physical or health disadvantages, are aggregated and taxed separately. They are always subject to a full annual tax.

2. The tax per unit is 0.5 percent for the first 40,000 francs and 1 percent for amounts exceeding 40,000 francs.

3. Social deductions according to Section 42 are not granted.

← § 57 ITA Tax Act (StG) - Types of Taxes § 59 StG →