Important Taxable Events NOT Covered by the eBriefing
Accessing, withdrawing or transferring any pension/retirement funds or social security benefits
Accessing, withdrawing or transferring any pension/retirement funds or social security benefits prior to, during your time in or after you have moved from Switzerland may have tax implications in Switzerland, any countries/locations you have lived in while contributing to or registered with the funds, and the country/location where the holdings are located (if different). The determination of international taxing rights is complex and the interaction of tax laws must be considered. In the worst case, there may be taxation of the same amount in more than one taxing jurisdiction. This eBriefing cannot cover all of the potential issues and outcomes, so we strongly recommend you seek professional tax advice in all relevant countries/locations before accessing any pension/retirement funds or social security benefits.
Capital Gains Tax on the Sale of Assets
Selling any assets prior to, during your time in, or after you have moved from Switzerland may have tax implications in Switzerland, any countries/locations you have lived in while holding the assets, and the country/location where the assets are located (if different). The determination of international taxing rights is complex and the interaction of tax laws must be considered. In the worst case, there may be taxation of the same amount in more than one taxing jurisdiction. This eBriefing cannot cover all of the potential issues and outcomes, so we strongly recommend you seek professional tax advice in all relevant countries/locations before disposing of any assets.
Disclaimer
There are other types of income and transactions not covered in this eBriefing which may trigger direct or indirect taxation or reporting events in different taxing jurisdictions. These include, but are not limited to, delayed payments of employment income from an employer, income from partnerships, income from inheritances, payment of insurance premiums and distributions to you or your family from a trust. The determination of international taxing rights is complex and the interaction of tax laws must be considered. In the worst case, there may be taxation of the same amount in more than one taxing jurisdiction. This eBriefing cannot cover all of the potential issues and outcomes, so we strongly recommend you seek professional tax advice in all relevant countries/locations before you move for any income you may recieve from transaction types not covered in this eBriefing.
Please note that this module contains general information only. The content of the module is based on Deloitte's understanding of your circumstances which is formulated on the questions you have answered at the beginning of the module. Accordingly, should your tax-related circumstances change in any way or be more complex than the scenarios described, you should request specific advice in a timely manner. As this is general guidance, intended to be supplemented by an individual briefing, Deloitte shall not be responsible for any loss sustained in the event that you have not taken the required actions or followed the guidance as outlined in the module or if Deloitte has been provided with erroneous or incomplete information that may have resulted in inaccuracies. The module is for your personal use and should not be shared with any third party who has not been authorised with access by Deloitte.
Sign off
Please click the submit button above to confirm that you have read and understood the above as well as the content of all modules in the eBriefing and will complete any follow up actions you need to take.