Federal Council proposes changes to withholding tax
At its meeting on 6 December 2019, the Federal Council opened the consultation procedure on changes to the ordinance on withholding tax. Accordingly, heirs should reclaim the withholding tax on inheritance income in their canton of residence.
In addition, federal employees abroad should reclaim the withholding tax in their canton of assessment.
Currently, the last canton of residence of the testator is responsible for the refund of the withholding tax to the heirs. In future, every heir to an inheritance that has not yet been distributed will be able to reclaim the withholding tax on inheritance income in his or her canton of residence.
This should improve the correct refund of withholding tax.
The media release, the consultation documents and the amended Withholding Tax Ordinance are available here.