In its session of 28 February 2018, the National Council adopted the motion "No forfeiture of withholding tax".
According to the motion by Daniela Schneeberger (16.3797), the Federal Council should be instructed to amend the withholding tax law so that natural persons resident in Switzerland do not forfeit the refund of withholding tax due to accidental or negligent failure to declare or false declaration, as long as it is guaranteed that the investment income subject to withholding tax is taxed.
The Federal Council requested that the motion be rejected.
In its meeting of 28 February 2018, the National Council (first chamber) adopted the motion by 133 votes to 61 with 1 abstention.
The minutes of the National Council meeting are available here.
