filing a tax declaration will be a nightmare! every trade, calculating all dividends? jeez…
Or you use a Swiss broker and pay several hundred francs for a tax authority-approved fiscal document. Not moustachian but I do this
… or you just manually input the dividend amount received this year? Perhaps this is not the same in every canton, but sure enough works in BE.
I am sure this is a stupid question, but do I have to include every trade? Wouldn’t the amount at yearend and the capital income received per position be enough?
@Myfirstme
This is what I did last year. Went through without problems.
Starting buying back into VT today Only a small amount, will buy more after Q1 earnings are released
You only have to declare the amount on 31 December and the dividend that had been paid. But you neeed a spreadsheet usually if the dividend is paid each three month and in between you keep increasing your position.
Some insights from this article: https://www.vox.com/science-and-health/2020/3/17/21181694/coronavirus-covid-19-lockdowns-end-how-long-months-years
“The hard truth is that it may keep infecting people and causing outbreaks until there’s a vaccine or treatment to stop it”
“I think this idea … that if you close schools and shut restaurants for a couple of weeks, you solve the problem and get back to normal life — that’s not what’s going to happen,”
NIH has started a vaccine trial on humans. This would mean no vaccine at least until the end of the year. https://www.kpwashingtonresearch.org/news-and-events/recent-news/news-2020/kaiser-permanente-launches-coronavirus-vaccine-study-seattle
Yes but I wouldn’t be so pessimistic. In few months we’ll have drugs that will put mortality rates way down, as we won’t need to ventilate so many people.
Yes, a treatment would come before a vaccine. If the medicine is already in the market less approval will be needed, otherwise it will take a little more time even through a faster approval process. It would also depend on how is it effective.
Like you said, we are still speaking of a matter of months. How long do you think ?
I would still bet on september/october.
Yup, me too. Alternatively, we could shorten this time with more effective epidemilogic infrastructure (tests, contact tracing, etc) - Taiwan is the best example of this.
Doesn’t look too good. They estimate that R is still slightly above 1. Lets hope that the summer will lower that to something that is below 0.9.
March 23 is almost 2 weeks ago. Since then the growth of cases is clearly linear (and since March 29 it also holds true for deaths). I wonder if 1000 new cases and 60 deaths per day are already manageable?
What is interesting would be the total nr of currently sick people. E.g. If we take 14days then we would need to sum up the reports for the last 14 days. I’m pretty sure this number will raise for quite a bit longer.
In Zurich people in hospital is going down: https://twitter.com/gd_zuerich/status/1246465334334414852?s=09
Thanks!
Still don’t get the spreadsheet though. I put in the amount at year-end and add up all the dividend payments per position. That’s it? (which is not all that simple, because I hold several positions now. And I have a spreadsheet to track them. Just wondering, is my spreadsheet missing some information that I need for the tax declaration)
@bamboo I think “active cases” is not that relevant, as most of them are not even hospitalised.