Tax on 401K refund from US

Finance, Taxes, Banking, Insurance and Retirement
1
Dear all

I have some balance in my 401K account in USA that I would like to withdraw. I am not a US Citizen/ Resident and certainly not close to retiring. I am aware of standard deduction by US Govt of 30% on the balance. Question is if the remaining amount will also be taxed in Switzerland or not.

Will be good to know if anyone has been in similar situation.

2
I converted my 401k to Roth 401k so there was no tax withholding in the US and I plan to enter that as a pension distribution in the Swiss taxes, show the amount in my wealth (subject to wealth tax) and file 0 income based on tax treaty exemption in the US (article 18).

Fingers crossed.