Every year, we provide you with a tax report in order for you to easily fill out your tax declaration. The following information is contained in the document:
Page 2: Overview
This page contains all the information you need to fill in the tax declaration. Here you can find our step by step guide showing you how to fill in your tax declaration.
Page 3 and 4: Bank accounts
On this page you can find information regarding your account, such as your IBAN (page 3) or account number (page 4). If you also have kids accounts, the information for the main account will be provided first, followed by the values for the Kids account(s) on the following pages.
Values with and without withholding tax
For each company, you will find the number of stocks including information about when and at which price they were bought and sold throughout 2020. If some companies in your portfolio pay out dividends, you can also see the value thereof for each company.
Some countries will already apply taxes to the dividends when they are paid out. You can find these in the “Values with withholding taxes” section of your tax report. In order to avoid your dividends being taxed twice, you can fill out a DA-1 form. This allows you to inform the Swiss authorities that these dividends have already been taxed and should therefore not be subject to an additional tax in Switzerland. Find out more information about the DA-1 procedure here.
The dividend payouts listed in the section “Values without withholding tax” have not yet been taxed in the country where the company is listed. Therefore, they will be subject to income tax in Switzerland.