In its meeting on 10 September 2019, the Council of States adopted a motion to instruct the Federal Council to submit to parliament an amendment to the DBG and the StHG so that, in the case of surrenderable pillar 3b pension insurance policies, the surrender sum (during life) and the premium refund (after death) are taxed at the actual share of earnings (departure from the improper 40 percent rule).
The motion "Stop the tax penalty in pillar 3b. Tax the income share instead of the capital contribution in the case of capital withdrawal" (12.3814) was adopted by the Council of States with the following amendments: The Federal Council is instructed to submit an amendment to the DBG and the StHG to parliament in order to achieve greater flexibility in the flat-rate income share on all benefits (periodic benefits, surrender, refund) from life annuities and life insurance policies, adapted to the respective investment conditions.
The National Council had already adopted the motion on 16 September 2014.
The entire parliamentary business with extensive documents as well as the minutes of the Council of States can be accessed here.
