Hello.
My father, who has recently retired, receives a pension from another country, but he lives with me in Switzerland. I provide him financial support and manage his finances. Are there any tax implications for me when declaring my income, given that I help manage his pension payments?
Tax Implications of Receiving a Foreign Pension as a Dependent
Anderson
As long as the pension is your father’s income and you’re only managing it for him, there shouldn’t be any tax implications for you personally when declaring your income. His pension will need to be declared by him, and it may be subject to Swiss taxes depending on the Double Taxation Agreement (DTA) with the country from which the pension is paid. Your financial support to him could potentially be deductible under certain conditions, such as if he’s financially dependent on you. It's best to consult with a tax expert to clarify the situation and ensure everything is properly declared.
7 Tage später
