NEWS

 

Inheritance: the cantons of residence are now responsible for withholding tax

In future, heirs are to reclaim withholding tax on inheritance income in their canton of residence. This new regulation enters into force on 1 January 2022.

 

Currently, the last canton of residence of the deceased is responsible for refunding the withholding tax to the heirs. In future, the heirs of an inheritance that has not been distributed yet should now reclaim the withholding tax on inheritance income in their canton of residence. Thus, the recording of income and wealth tax as well as the refund of withholding tax in intercantonal situations can be insured.

 

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Treuhand Suisse, 16 September 2021

 

Keywords: Inheritance, withholding tax