Over 15,000 Swiss cross-border workers are employed in Liechtenstein. Recently, they have come under scrutiny due to changes regarding tax deductions for the third pillar pension scheme, known as Säule 3a.
Tax Changes Impacting Swiss Workers
The Swiss government has declared that the tax deduction related to Säule 3a is no longer permissible for these workers. This sudden shift has sparked frustration among local politicians in St. Gallen.
Political Response in St. Gallen
In response to these tax hikes, several politicians in St. Gallen have voiced their concerns. They are advocating for actions to protect the interests of cross-border workers.
- Over 15,000 Swiss workers affected
- Tax deduction for Säule 3a no longer allowed
- Political protests initiated
These developments have significant implications for cross-border employment and tax relations between Switzerland and Liechtenstein. Local representatives are actively seeking solutions to address the concerns raised by the new tax regulations.
Conclusion
The current situation has created uncertainty for Swiss workers in Liechtenstein. Ongoing political efforts aim to mitigate the impact of these tax changes.
