Taxed at source and an investor?
Here is what you need to know.
Many employees in Switzerland are subject to tax at source, but for investors, this can raise important tax considerations.
Whether it is about ordinary tax filing, the taxation of investment income, or reclaiming withholding tax, these are the 5 key aspects to have on your radar:
1️⃣ For everyone taxed at source: The 31 March deadline for registering for ordinary tax filing is approaching. This is a hard deadline, no extensions.
2️⃣ Tax at source is not a tax, it is a process to collect taxes.
3️⃣ For investors: If you are taxed at source but have investment income or significant wealth, check whether you exceed the thresholds that require an ordinary tax filing. Y
4️⃣ Reclaiming withholding tax? An ordinary tax filing is required to claim refunds.
5️⃣ Feeling like you cannot see the forest for the trees? Then reach out to Stéphanie Fuchs Consulting, we keep you in the driver’s seat with your taxes.