Degiro Market Money Funds and Taxes

When Degiro receives your money, Degiro will automatically invest your money to Money Market Funds (MMF). This is because it is illegal for Dutch brokers to hold money. When you want to buy shares, Degiro converts the MMF to money and then buys the share.

Do these events (MMF buy/sale) create any tax liabilities for me? Do I need to declare them to the Swiss tax authorities?

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