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  

SECTION 2  

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.