I don’t know currently. But I would guess not, as it’s not income tax and dividends are income/DA-1 related to income withholding tax.
2 Likes
Edit: I think I had a brain hiccup, there are obviously different tax rates for wealth and income. I’m not sure what I was thinking, maybe combining communal, canton, federal? Not sure.
You may be right. I don‘t have the caclulation on hand currently for how the tax office does the DA-1 calculation.
@jay does for sure know it
Tax rates for income and wealth are completely separate. Both, federal and state income taxes, are considered for DA-1 but wealth tax doesn’t count, unfortunately. The details of the calculation are described in Merkblatt über die Anrechnung ausländischer Quellensteuern.
2 Likes
I clicked the detailed view:
So would they use the income tax values here?
12.5/90 = would be around 14%
Where I am, you already hit 15% once you get to 70k.
Yes. Edit: The 90k you entered in the calculator is not taxable income, that’s why the tax rate in your example is a bit lower. The relevant rate is income tax divided by taxable income (i.e., after all deductions).
This combined percentage is just something from the tax calculator. It’s not part of the real tax assessment.
2 Likes