Art. 24 Tax Act (StG)

1. Taxable are all incomes derived from the old-age, survivors, and disability insurance, from occupational pension schemes, and from recognized forms of restricted self-provision, including capital settlements and repayments of deposits, premiums, and contributions.

2. Incomes from occupational pension schemes particularly include benefits from pension funds, savings and group insurances, as well as vested benefits policies.

3. Annuity insurances, as well as annuity and endowment contracts, are taxable to the extent of their yield portion. This is determined according to Art. 7 para. 2 StHG.

4. Pensions and capital settlements from occupational pension schemes that began or became due before January 1, 1987, or that begin or become due before January 1, 2002, and are based on a pension relationship that already existed on December 31, 1986, are taxable as follows

a. at 60 percent, if the services (such as deposits, contributions, premium payments) on which the claim of the taxpayers is based were exclusively provided by the taxpayers;

b. at 80 percent, if the services on which the claim of the taxpayers is based were only partially, but at least 20 percent, provided by the taxpayers;

c. at the full amount in all other cases.

5. The services provided by taxpayers within the meaning of paragraph 4 are equated with the services provided by family members; the same applies to services provided by third parties if the taxpayers obtained the claim through inheritance, legacy, or gift.

6. Art. 26 letter b of this law remains reserved.

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