AUSTRALIAN TAX TREATIES

Swiss Convention  

CONVENTION BETWEEN AUSTRALIA AND THE SWISS CONFEDERATION FOR THE AVOIDANCE OF DOUBLE TAXATION WITH RESPECT TO TAXES ON INCOME, WITH PROTOCOL  

2  
Ad Article 3

It is understood that the term " pension scheme " in subparagraph i) of paragraph 1 includes the following and any identical or substantially similar schemes which are established pursuant to legislation introduced after the date of signature of this Convention:



a) in Australia, a fund that is

(i) an approved deposit fund as defined in the Income Tax Assessment Act 1997 ;

(ii) a pooled superannuation trust as defined in the Income Tax Assessment Act 1997 ;


b) in Switzerland, any pension schemes covered by


(i) the Federal Act on old age and survivors ' insurance, of 20 December 1946;

(ii) the Federal Act on disabled persons ' insurance of 19 June 1959;

(iii) the Federal Act on supplementary pensions in respect of old age, survivors ' and disabled persons ' insurance of 6 October 2006;

(iv) the Federal Act on old age, survivors ' and disabled persons ' insurance payable in respect of employment or self-employment of 25 June 1982, including the non-registered pension schemes which offer occupational pension plans and the forms of individual recognised pension schemes comparable with the occupational pension plans.



This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.