---
title: "Tax on 2nd pillar capital: how much in each canton, and how can you reduce the bill?"
url: https://www.ibani.com/en/guides/pension-capital-withdrawal-tax-by-canton
lang: en
date_modified: 2026-10-15
author: "Brice DELHOME"
---

![2nd pillar capital spread across several Swiss cantons, with the ibani mascot](https://www.ibani.com/images/imposition-capital-2e-pilier-baremes.png)

# Tax on 2nd pillar capital: how much in each canton, and how can you reduce the bill?

 Reading time: 15 minutes | **Updated: 15 October 2026**

By [Brice DELHOME](https://www.ibani.com/en/author/brice-delhome)

📌 In short: a separate tax, and bills almost twice as high in some cantons as in others

-   **The capital is taxed separately**, as a full annual tax, without being added to the year's income. The federal share is at most **2.3%** of the capital: it is the same throughout Switzerland.
-   **The canton makes the difference.** In 2026, for a single person, capital of CHF 500,000 costs **CHF 28,253 in Zug** (5.65%), CHF 37,051 in Geneva (7.41%) and **CHF 48,183 in Delémont** (9.64%), federal tax included.
-   **There is no single ranking**: Zurich, among the cheapest at CHF 250,000, becomes the most expensive in our sample at CHF 1 million.
-   **All lump sum benefits received in the year are added together**: 2nd pillar, vested benefits, pillar 3a and, in most cantons, those of your spouse. Spreading them over several calendar years can save several thousand francs on capital of CHF 500,000.
-   **Do you live abroad?** It is the canton where the fund has its seat that levies withholding tax, refundable within three years if a treaty gives the right to tax to your country of residence.

At retirement, the choice between a pension and a lump sum is often presented as a question of appetite for risk. It is also a question of tax. 2nd pillar capital is taxed separately, at the time of payment, under rules that have nothing to do with those for income, and the amount due can be almost twice as high in one canton as in another. This guide shows how this tax is calculated, what it costs in fifteen cantonal capitals, why the ranking is reversed depending on the amount, and what you gain by spreading your withdrawals.

## 1\. How is a lump sum withdrawal taxed?

Pension lump sum benefits, whether they come from a pension fund, a vested benefits account or pillar 3a, are not added to the year's salary or pension. The Federal Act on Direct Federal Taxation subjects them to **separate taxation**: a full annual tax, set for the year in which the benefit is received, with no social deductions at all.

-   **Direct federal tax.** The rate is **one fifth** of the ordinary scale. The federal burden is therefore capped at **2.3%** of the capital, a ceiling reached from around CHF 794,000 for a single person. It is the same throughout Switzerland: CHF 10,501 on CHF 500,000 for a single person, CHF 10,176 for a married person, in 2026.
-   **Cantonal and communal taxes.** The Harmonisation Act also requires separate taxation and a full annual tax, but leaves each canton to set its rate. The methods differ widely, and it is they that create the gaps (section 3).
-   **A single taxation per calendar year.** All 2nd and 3rd pillar lump sum benefits received in the same year are added together, including, in most cantons, those of both spouses taxed jointly.

| Capital withdrawn | Federal tax, single person | Federal tax, married person |
| --- | --- | --- |
| CHF 100,000 | CHF 537 (0.54%) | CHF 363 (0.36%) |
| CHF 250,000 | CHF 3,901 (1.56%) | CHF 3,676 (1.47%) |
| CHF 500,000 | CHF 10,501 (2.10%) | CHF 10,176 (2.04%) |
| CHF 1,000,000 | CHF 23,000 (2.30%) | CHF 23,000 (2.30%) |

2026 federal scale applied at one fifth, single benefit in the year.

## 2\. How much tax depending on your canton?

The amounts below were obtained with the official calculator of the Federal Tax Administration, module for lump sum benefits from pension provision, for the 2026 tax year. Assumptions: a single person aged 65, with no children, no religious affiliation, living in the cantonal capital, who receives a single lump sum in the year. They include federal, cantonal and communal tax.

| Canton (cantonal capital) | CHF 100,000 | CHF 250,000 | CHF 500,000 | CHF 1,000,000 |
| --- | --- | --- | --- | --- |
| Zug | 2,734 (2.73%) | 11,253 (4.50%) | 28,253 (5.65%) | 61,552 (6.16%) |
| Lucerne | 3,553 (3.55%) | 13,007 (5.20%) | 29,757 (5.95%) | 62,556 (6.26%) |
| Basel-Landschaft (Liestal) | 3,837 (3.84%) | 12,151 (4.86%) | 33,601 (6.72%) | 95,600 (9.56%) |
| Zurich | 4,817 (4.82%) | 14,601 (5.84%) | 35,068 (7.01%) | 109,542 (10.95%) |
| Ticino (Bellinzona) | 4,397 (4.40%) | 13,551 (5.42%) | 35,342 (7.07%) | 80,900 (8.09%) |
| Geneva | 4,125 (4.13%) | 15,551 (6.22%) | 37,051 (7.41%) | 81,069 (8.11%) |
| St. Gallen | 5,883 (5.88%) | 17,266 (6.91%) | 37,231 (7.45%) | 76,460 (7.65%) |
| Aargau (Aarau) | 4,679 (4.68%) | 17,188 (6.88%) | 39,899 (7.98%) | 85,233 (8.52%) |
| Bern | 4,628 (4.63%) | 16,323 (6.53%) | 41,259 (8.25%) | 96,154 (9.62%) |
| Vaud (Lausanne) | 4,589 (4.59%) | 17,361 (6.94%) | 41,947 (8.39%) | 90,638 (9.06%) |
| Neuchâtel | 5,676 (5.68%) | 19,562 (7.82%) | 42,276 (8.46%) | 87,519 (8.75%) |
| Valais (Sion) | 4,737 (4.74%) | 15,335 (6.13%) | 43,921 (8.78%) | 103,000 (10.30%) |
| Fribourg | 3,237 (3.24%) | 17,401 (6.96%) | 46,501 (9.30%) | 104,000 (10.40%) |
| Basel-Stadt (Basel) | 5,287 (5.29%) | 20,651 (8.26%) | 47,251 (9.45%) | 99,750 (9.98%) |
| Jura (Delémont) | 6,174 (6.17%) | 21,396 (8.56%) | 48,183 (9.64%) | 101,057 (10.11%) |

Amounts in francs, federal, cantonal and communal tax, single person with no religious affiliation, 2026 tax year. Ranked by increasing burden at CHF 500,000. Source: tax calculator of the Federal Tax Administration. In most cantons, members of a recognised church also pay church tax: at CHF 500,000, it amounts for example to CHF 1,148 in Zurich and CHF 2,860 in St. Gallen for a Roman Catholic. In Geneva, the church contribution is voluntary.

**What about Schwyz?** In May 2025, the Schwyz Cantonal Parliament voted to cut the maximum rate on lump sum benefits from 2.5% to 1.5%. An appeal has been lodged with the Federal Supreme Court. According to the Schwyz tax administration, quoted by the regional press in September 2025, benefits paid from 2026 remain taxed at the old tariff until the Court's decision; we found no published decision at the date of this guide. In the absence of a reliable 2026 figure, Schwyz is not included in this table.

### And for a married couple?

A married person benefits from the couples' scale. The gap compared with a single person varies widely from one canton to another: at CHF 1 million, it exceeds CHF 28,000 in Zurich, but it is almost zero in Zug and zero in Basel-Stadt.

| Canton (cantonal capital) | CHF 100,000 | CHF 250,000 | CHF 500,000 | CHF 1,000,000 |
| --- | --- | --- | --- | --- |
| Zug | 1,921 (1.92%) | 10,222 (4.09%) | 27,381 (5.48%) | 61,005 (6.10%) |
| Ticino (Bellinzona) | 4,223 (4.22%) | 13,326 (5.33%) | 29,476 (5.90%) | 77,019 (7.70%) |
| Zurich | 4,643 (4.64%) | 14,376 (5.75%) | 31,576 (6.32%) | 80,652 (8.07%) |
| Geneva | 2,728 (2.73%) | 13,356 (5.34%) | 33,478 (6.70%) | 76,101 (7.61%) |
| Bern | 3,801 (3.80%) | 14,973 (5.99%) | 37,660 (7.53%) | 90,903 (9.09%) |
| Vaud (Lausanne) | 3,644 (3.64%) | 15,036 (6.01%) | 37,881 (7.58%) | 86,840 (8.68%) |
| Basel-Stadt (Basel) | 5,113 (5.11%) | 20,426 (8.17%) | 46,926 (9.39%) | 99,750 (9.98%) |

Amounts in francs, only one spouse receives a lump sum in the year, no religious affiliation, 2026 tax year. Source: tax calculator of the Federal Tax Administration.

## 3\. Why does the ranking of cantons change with the amount?

Because each canton applies its own formula, and these formulas do not progress at the same pace. The cantonal fact sheets published by the Federal Tax Administration set out their logic:

| Canton | Calculation method | Consequence |
| --- | --- | --- |
| Geneva | One fifth of the ordinary scale | Steady progression, close to the federal logic |
| Vaud | One fifth of the rates, with a family quotient for couples | Same; spouses benefit from the family quotient |
| Zurich | Rate of a notional pension equal to one twentieth of the capital, simple tax of at least 2% | Moderate on medium amounts, very progressive above: the most expensive in our sample at CHF 1 million for a single person |
| Zug | 30% of the ordinary tariff up to CHF 230,400, 40% above, tax of at least 1% | The cheapest in our sample at all the amounts tested |

The practical consequence is simple: **no ranking holds for every amount**. Basel-Landschaft is the second cheapest canton in our sample at CHF 250,000, but ranks in its more expensive half at CHF 1 million. Fribourg is very cheap at CHF 100,000 and among the most expensive at CHF 500,000. To compare, you have to start from your own amount, not from an overall league table.

**⚠️ The canton that counts is the canton of residence.** For a Swiss resident, the capital is taxed by the canton where they are resident when the benefit falls due, not by the canton of the pension fund. Moving to pay less tax is a life decision, with its own costs; this guide does not recommend it, it measures what is at stake.

## 4\. How much does staggering withdrawals save?

Since the rate is progressive and each calendar year is taxed separately, two withdrawals in two different years cost less than a single withdrawal of the same total. We measured the effect on capital of CHF 500,000, for a single person, with the 2026 rates applied to both years.

| Canton (cantonal capital) | CHF 500,000 in one go | 2 × CHF 250,000 over two years | Saving | Saving: 400,000 from the 2nd pillar and 100,000 from pillar 3a over two years instead of one |
| --- | --- | --- | --- | --- |
| Zug | 28,253 | 22,506 | **5,747** | 4,066 |
| Zurich | 35,068 | 29,202 | **5,866** | 5,270 |
| Ticino (Bellinzona) | 35,342 | 27,102 | **8,240** | 6,237 |
| Geneva | 37,051 | 31,102 | **5,949** | 4,676 |
| Vaud (Lausanne) | 41,947 | 34,722 | **7,225** | 5,290 |
| Basel-Stadt (Basel) | 47,251 | 41,302 | **5,949** | 5,353 |

Amounts in francs, federal, cantonal and communal tax, single person with no religious affiliation. ibani calculations based on the Federal Tax Administration's calculator, with the 2026 rates assumed unchanged the following year.

Of the saving obtained by withdrawing two amounts of CHF 250,000, around CHF 2,700 comes from federal tax, which falls from CHF 10,501 to CHF 7,802. The rest depends on the canton. For a married couple, the effect varies greatly: it exceeds CHF 6,700 in Geneva and Zug, but is limited to the federal share, that is CHF 2,824, in Zurich and Ticino, where the cantonal and communal tax on a couple's capital is proportional between CHF 250,000 and CHF 500,000.

Staggering also works when the capital comes from several sources. A person who withdraws their 2nd pillar and their pillar 3a in the same year is taxed on the sum of the two; separating them by one year is enough to save between CHF 4,000 and a little over CHF 6,000 in the cantons tested.

## 5\. What rules govern staggering?

-   **No more than three stages for the 2nd pillar.** Since 1 January 2024, the Occupational Pensions Act has limited the withdrawal of the retirement benefit as a lump sum to three stages, each stage grouping all the withdrawals made in the same calendar year. The first partial withdrawal must represent at least 20% of the benefit, and the fund's rules may be more restrictive.
-   **Staggering the 2nd pillar in principle requires partial retirement.** Before the reference age, the share of capital withdrawn may not exceed the reduction in your salary. Without partial retirement, staggering mainly works through different sources: 2nd pillar, vested benefits accounts and pillar 3a withdrawn in different years.
-   **The lump sum share depends on the rules.** The law guarantees the right to receive a quarter of your retirement assets as a lump sum; beyond that, it is your fund's rules that set the possible share and the notice period.
-   **Vested benefits and pillar 3a.** They can be withdrawn at the earliest five years before the reference age, and the withdrawal can be postponed by up to five years if gainful employment continues. A 3a account is withdrawn in one go: to spread withdrawals, you need to have opened several. The pillar 3a ordinance sets no maximum number of accounts.
-   **Both spouses' capital is added together.** In most cantons, lump sums received in the same year by spouses taxed jointly are taxed together. For a couple, staggering has to be planned for two.
-   **No lump sum withdrawal within three years of a buy-in.** The law prohibits it for benefits resulting from the buy-in and, according to the case law of the Federal Supreme Court, any lump sum withdrawal within that period, even from another fund or from a vested benefits account, causes the loss of the buy-in deduction. Our guide to the [LPP buy-in](https://www.ibani.com/en/guides/lpp-buy-in-worth-it-calculation) details this calculation.

To our knowledge, no published ruling of the Federal Supreme Court classes staggering as such as abusive: the case law targets a buy-in followed by a withdrawal shortly afterwards. The three-stage framework now limits the staggering of the 2nd pillar, and each fund applies it according to its rules: check them before planning.

## 6\. You live abroad: which canton taxes the capital?

For a person resident abroad at the time of payment, the rule changes entirely. The capital is subject to **withholding tax**, levied by the **canton where the pension institution has its seat**, not by that of the former place of residence or the former employer. For a collective foundation, only the seat of the foundation counts.

This tax is withheld in all cases, even when a double taxation treaty gives the right to tax to the country of residence. It is then **refunded without interest**, on a request filed within **three years**, with a certificate from the tax authority of the country of residence. The France-Switzerland treaty, for example, reserves private pensions to the State of residence, but allows Switzerland to tax what France would not tax. As a general rule, the capital is therefore taxed in France, where a one-off payment may qualify for a flat-rate levy that splitting the payment causes you to lose.

| Canton of the fund's seat | CHF 100,000 | CHF 250,000 | CHF 500,000 | CHF 1,000,000 |
| --- | --- | --- | --- | --- |
| Geneva (2026) | 4,088 (4.09%) | 15,550 (6.22%) | 36,775 (7.36%) | 80,175 (8.02%) |
| Zurich (2026) | 6,538 (6.54%) | 19,025 (7.61%) | 40,525 (8.11%) | 82,775 (8.28%) |
| Zug (2025, public-law pension schemes) | 5,538 (5.54%) | 16,525 (6.61%) | 35,525 (7.11%) | 72,775 (7.28%) |

Total withholding tax, federal share included, single person. ibani calculations based on the scales published by the tax administrations of Geneva (2026 cantonal scale, to which the federal share is added), Zurich (2026 scale) and Zug (scale valid from 2025 for public-law pension schemes, as the 2026 version could not be found when we collected the data).

For a cross-border worker or a former resident, the practical question is therefore twofold: which canton levies the tax, and will the tax be refunded under the treaty with their country of residence. Our guides on the [2nd pillar](https://www.ibani.com/en/guides/op-the-swiss-pension-fund-system) and on [pillar 3a for cross-border workers](https://www.ibani.com/en/guides/pillar-3a-cross-border-worker-tax-deduction) detail the case of a resident of France, and our guide on [withdrawing the 2nd pillar for a home abroad](https://www.ibani.com/en/guides/withdraw-2nd-pillar-property-abroad) covers the case of buying a property.

## 7\. Will the tax on lump sum withdrawals go up?

Not for now. In its 2027 budget relief programme, the Federal Council proposed a significantly heavier federal scale for lump sum withdrawals from the 2nd and 3rd pillars. **Parliament rejected this measure**, and the act of 20 March 2026 on this programme, which became final without a referendum, does not change the taxation of lump sum benefits. The consolidated versions of the Federal Act on Direct Federal Taxation already published, including the one valid on 1 January 2029, retain one fifth of the scale.

A change will, however, come from **individual taxation**, approved in the popular vote of 8 March 2026. It will replace the two federal scales, for single people and for couples, with a single scale, one fifth of which will then apply to lump sums. It must come into force by 2032 at the latest.

## 8\. Capital in francs, spending in another currency?

The capital is paid in francs, in one go or in a few stages. For anyone preparing a retirement outside Switzerland, or funding a project in euros, each payment is also an exchange moment: a six-figure amount converted in a single day, at that day's rate. If you live in Switzerland at the time of payment, staggering withdrawals also spreads this risk. For a resident of France, on the other hand, a split payment may cause the loss of the 7.5% flat-rate levy: see our guide on the [2nd pillar](https://www.ibani.com/en/guides/op-the-swiss-pension-fund-system).

To convert these francs, you can give your fund the Swiss transit IBAN in your name provided by ibani; in manual mode, you choose when to convert within 30 days. [ibani](https://www.ibani.com/en/app) is a Geneva-based Swiss financial intermediary, not a bank: it converts at the real market rate, plus a margin of 0.40% to 0.15% depending on the amount (0.15% from CHF 250,000 to CHF 1 million). The daily rate can be followed on our [CHF-EUR converter](https://www.ibani.com/en/currency-converter/chf-to-eur-rate).

## 9\. Frequently asked questions

The capital is not added to your income for the year: it is taxed separately, as a full annual tax, with no social deductions. For direct federal tax, the rate is one fifth of the ordinary scale, which caps the federal burden at 2.3% of the capital. Each canton then applies its own method: one fifth of the scale in Geneva and in the canton of Vaud, the rate of a notional pension in Zurich, a fraction of the tariff in Zug. All pension lump sum benefits received in the same year are added together.

According to the Federal Tax Administration's calculator, for a single person with no religious affiliation living in the cantonal capital, in 2026: CHF 28,253 in Zug (5.65%), CHF 35,068 in Zurich (7.01%), CHF 37,051 in Geneva (7.41%), CHF 41,947 in Lausanne (8.39%) and up to CHF 48,183 in Delémont (9.64%). These amounts include direct federal tax, which is the same everywhere (CHF 10,501), and cantonal and communal taxes. The ranking changes with the amount: Zurich, favourable at CHF 250,000, becomes one of the most expensive at CHF 1 million.

Yes, because the rate is progressive and each calendar year is taxed separately. For a single person, withdrawing CHF 500,000 as two amounts of CHF 250,000 over two calendar years reduces the tax by CHF 5,747 in Zug, CHF 5,866 in Zurich, CHF 5,949 in Geneva and CHF 7,225 in Lausanne, according to the 2026 rates. Staggering is subject to limits: the 2nd pillar can be withdrawn as a lump sum in no more than three stages, if the fund's rules allow it and in principle as part of partial retirement, and any lump sum withdrawal within three years of a buy-in causes the loss of the deduction for that buy-in.

Yes. All 2nd and 3rd pillar lump sum benefits received in the same calendar year are added together and taxed as one, including, in most cantons, those of both spouses taxed jointly. Withdrawing CHF 400,000 from the 2nd pillar and CHF 100,000 from pillar 3a in the same year means being taxed on CHF 500,000. Spreading them over two calendar years reduces the tax by CHF 4,066 in Zug, CHF 4,676 in Geneva and CHF 5,270 in Zurich for a single person, according to the 2026 rates.

The canton where the pension institution has its seat, not that of your former place of residence or your former employer. Capital paid to a person resident abroad is always subject to withholding tax, even when a double taxation treaty gives the right to tax to the country of residence. In that case, the tax is refunded without interest if the request is filed within three years, with a certificate from the tax authority of the country of residence.

No. The Occupational Pensions Act prohibits withdrawing benefits resulting from a buy-in as a lump sum during the following three years. In tax practice, any lump sum withdrawal within that period, even from another fund or from a vested benefits account, causes the loss of the buy-in deduction, according to the case law of the Federal Supreme Court. A buy-in must therefore be planned at least three years before the intended lump sum withdrawal.

Not for now. In the 2027 budget relief programme, the Federal Council proposed a heavier federal scale for lump sum withdrawals from the 2nd and 3rd pillars. Parliament rejected this measure, and the act of 20 March 2026 does not change the taxation of lump sum benefits. The only announced change comes from individual taxation, approved in the popular vote of 8 March 2026: it will replace the two federal scales with a single scale, by 2032 at the latest.

**Disclaimer:** this guide describes the rules in force on 15 October 2026 and amounts calculated for the 2026 tax year, under specific assumptions (person aged 65, with no children, living in the cantonal capital, a single lump sum in the year). Your tax depends on your commune, your religious affiliation, your marital status, all the lump sums received in the year and your fund's rules. This information is provided for guidance only and does not constitute tax advice, pension advice or a recommendation on currency exchange. Have your situation confirmed by your pension fund and by the competent tax administration before any decision.

**Methodology and sources:** the separate taxation of lump sum benefits, one fifth of the federal scale, the withholding tax on non-residents and the competence of the canton where the institution has its seat derive from articles 22, 38, 95, 96 and 107 of the [Federal Act on Direct Federal Taxation (LIFD)](https://www.fedlex.admin.ch/eli/cc/1991/1184_1184_1184/fr) (in French) and from articles 4b, 11, 35 and 38 of the [Federal Act on the Harmonisation of Direct Taxation (LHID)](https://www.fedlex.admin.ch/eli/cc/1991/1256_1256_1256/fr) (in French). The 2.3% ceiling and the calculation method are confirmed by the [Federal Finance Administration's fact sheet on the taxation of lump sum withdrawals](https://www.efv.admin.ch/dam/fr/sd-web/GRWDOP-yjk7y/Faktenblatt%20Besteuerung%20Kapitalbez%C3%BCge%20F.pdf) (in French). The tax burdens by canton were calculated with the [Federal Tax Administration's tax calculator](https://swisstaxcalculator.estv.admin.ch/#/calculator/capital-payment) (2026 tax year, cantonal capital, data collected on 15 October 2026); the staggering savings are sums of these calculations. The cantonal methods come from the Federal Tax Administration's fact sheets for [Geneva](https://www.estv2.admin.ch/stp/kb/ge-fr.pdf) (in French), [Vaud](https://www.estv2.admin.ch/stp/kb/vd-fr.pdf) (in French), [Zurich](https://www.estv2.admin.ch/stp/kb/zh-de.pdf) (in German) and [Zug](https://www.estv2.admin.ch/stp/kb/zg-de.pdf) (in German). The adding together of lump sums received in the same year, including between spouses, is described by the [Bern tax administration](https://www.taxinfo.sv.fin.be.ch/taxinfo/8e35a347-48f2-44b2-99e6-1863bccc18b7?lang=fr) (in French). The three withdrawal stages, the minimum share of the first withdrawal, partial retirement, the quarter as a lump sum and the ban on withdrawals after a buy-in are set out in articles 13a, 13b, 37 and 79b of the [Occupational Pensions Act (LPP)](https://www.fedlex.admin.ch/eli/cc/1983/797_797_797/fr) (in French); the case law on a buy-in followed by a withdrawal relies in particular on ATF 142 II 399. The withdrawal of pillar 3a and vested benefits follows the [ordinance on tax-deductible contributions to recognised pension schemes (OPP 3)](https://www.fedlex.admin.ch/eli/cc/1985/1778_1778_1778/fr) (in French) and the [Vested Benefits Ordinance (OLP)](https://www.fedlex.admin.ch/eli/cc/1994/2399_2399_2399/fr) (in French). The refund of withholding tax within three years is governed by article 19 of the [FDF ordinance on withholding tax](https://www.fedlex.admin.ch/eli/cc/2018/274/fr) (in French), and the allocation of private pensions by article 20 of the [France-Switzerland double taxation treaty](https://www.fedlex.admin.ch/eli/cc/1967/1079_1119_1113/fr) (in French). The withholding tax scales are those published by the tax administration of [Geneva](https://www.ge.ch/document/41804/telecharger) (cantonal and communal share 2026, with the [federal share 2026](https://www.ge.ch/document/41803/telecharger), in French), [Zurich](https://www.zh.ch/content/dam/zhweb/bilder-dokumente/themen/steuern-finanzen/steuern/vertreter/steuerbuch/zstb-nr-99-1/ZStB-Nr-99-1.pdf) (in German) and [Zug](https://cdn.zg.ch/dam/jcr:01f22f49-76c2-4d96-8af4-78fe04178d0f/2025_merk_122_Vorsorge%20oeffentlich%20rechtlich%20def.%2025.2.25.pdf) (in German). The rejection of the federal increase is shown by the [Parliament press release of 4 March 2026](https://www.parlament.ch/de/services/news/Seiten/2026/20260304153908997194158159026_bsd148.aspx) (in German) and the [act of 20 March 2026 on the 2027 budget relief programme](https://www.fedlex.admin.ch/eli/oc/2026/393/fr) (in French); individual taxation, by the [Federal Act of 20 June 2025](https://www.fedlex.admin.ch/eli/fga/2025/2033/fr) (in French). The situation in Schwyz is based on the [cantonal scale in force before the reform](https://www.sz.ch/public/upload/assets/85883/I_Renten_Kapitalbez%C3%BCge.pdf?fp=1) (in German) and on the [appeal reported in the regional press](https://www.bote.ch/nachrichten/schwyz/sp-beschwerde-vor-bundesgericht-verzoegert-steuersenkung-art-1619125) (in German).

## Capital in francs to convert?

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We are available by [email](https://www.ibani.com/en/contact) or by [phone](https://www.ibani.com/en/contact) from Monday to Friday.

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