Taxation of first and second pillar pensions transferred abroad: comparative examination of the system of taxation

Key facts

First and second pillar pensions can be transferred to beneficiaries living abroad. What happens in terms of taxation to these “exported” benefits? Is there a risk of double non-taxation (or of double taxation)? What would be the tax effect of a modification intended to reduce these risks? The Swiss Federal Audit Office (SFAO) compared the taxation of first and second pillar pensions because these two systems are very different.