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Re: swiss-list: Pension funds in Switzerland

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From: Bela Ban (click for textversion of email address )
Date: Thu Sep 07 2000 - 07:42:56 PDT


Hi folks,

I have transferred my pension fund to my private account in Switzerland,
waiting for the exchange rate to get better before I transfer it to the
US. They deducted 7% tax (Quellensteuer), and sent me a form, with which
I can reclaim it. However, to do so, the form has to be signed by the
IRS.

They want the following: "The tax authority of the place of residence
herewith ceritifies to know about the above-mentioned sttlement in
cash".

What does this mean ? That they have to acknowledge that the amount was
transferred to my US account ? If yes, why would they need to know since
this money is NOT taxable ?

Anyone who can shed light on this issue ?

--
Bela Ban
Fujitsu Network Communications
(408) 895-1732

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