I just filled my taxes for this year and one interesting deduction I saw was the “Costs for the management of securities held as private assets” (Kosten für die Verwaltung von Wertschriften des Privatvermögens).
According to Weisung des kantonalen Steueramtes über die Abzugsfähigkeit der Kosten für die Verwaltung von Wertschriften des Privatvermögens | Kanton Zürich, fees for managing (but not buying) our ETFs should fall under this, right? So Swissquote customers can deduct their 200/year.
The interesting part is the flax rate (3‰ max of 6k) they allow. This is for each 100k of ETFs 300 Swiss francs. Because of the flax rate, no proof is necessary. Do you think this can be declared even if you have a low cost broker like IBKR? Because they do manage my assets, it’s just free. Or is that illegal?