In this week's Investor Monday, our Founder & CEO, Stéphanie Fuchs 富彩蝶, explores how to declare, credit, and reclaim withholding tax on dividends. 💡 Whether in Switzerland or internationally, knowing your options can make a difference. 💡 Taxed at source? Filing a tax return may be required to reclaim withholding tax on investment income. Need clarity on your tax position? Let us talk. #InvestorMonday #WithholdingTax #TaxAtSource #Dividends #TaxReclaim #DoubleTaxation #InvestorTaxes #GlobalTax #Finance #TaxCompliance #WealthPlanning #SwissTaxes
📢 𝐖𝐢𝐭𝐡𝐡𝐨𝐥𝐝𝐢𝐧𝐠 𝐭𝐚𝐱 𝐨𝐧 𝐝𝐢𝐯𝐢𝐝𝐞𝐧𝐝𝐬 𝐃𝐞𝐜𝐥𝐚𝐫𝐞, 𝐜𝐫𝐞𝐝𝐢𝐭, 𝐚𝐧𝐝 𝐜𝐥𝐚𝐢𝐦 𝐛𝐚𝐜𝐤 Dividends are an important part of an investment strategy, but what happens with withholding tax? When dividends are paid out, a portion is often withheld at the source. The crucial question is how and under what conditions this tax can be reclaimed. 𝐓𝐡𝐢𝐬 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐌𝐨𝐧𝐝𝐚𝐲 is all about withholding tax on shares: 𝐡𝐨𝐰 𝐢𝐭 𝐰𝐨𝐫𝐤𝐬, 𝐰𝐡𝐞𝐧 𝐢𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐜𝐫𝐞𝐝𝐢𝐭𝐞𝐝, 𝐚𝐧𝐝 𝐮𝐧𝐝𝐞𝐫 𝐰𝐡𝐚𝐭 𝐜𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐫𝐞𝐜𝐥𝐚𝐢𝐦𝐞𝐝. 🇨🇭 In Switzerland: Withholding tax serves a declaratory purpose. If you correctly report your income, you can reclaim the full amount. 🌍 Internationally: Many countries impose withholding tax on dividends paid to foreign investors. To avoid double taxation, you can claim a tax credit in your Swiss tax return but only for the portion that cannot be reclaimed directly from the country of origin. ❗ 𝐓𝐚𝐱𝐞𝐝 𝐚𝐭 𝐬𝐨𝐮𝐫𝐜𝐞 𝐢𝐧 𝐒𝐰𝐢𝐭𝐳𝐞𝐫𝐥𝐚𝐧𝐝? The reclaim is not automatic. If your investment income is subject to withholding tax, you must file a tax declaration to recover it. 📖 Need help with reclaiming withholding tax? The Swiss Federal Tax Administration publishes country manuals, outlining the exact process for different jurisdictions. More details here: https://lnkd.in/d3WMGHJs 💡 At Stéphanie Fuchs Consulting, we make sure you have full clarity on your options. Let us talk. 𝐆𝐞𝐫𝐦𝐚𝐧 𝐯𝐞𝐫𝐬𝐢𝐨𝐧 of this post --> visit our website: https://lnkd.in/dSFs2DFz #Declare #Credit #ClaimBack #WithholdingTax #Dividends #TaxReclaim #DoubleTaxation #InvestorTaxes #GlobalTax #Finance #TaxCompliance #WealthPlanning #TaxesRock