This is an extremely noobish question and I have read similar posts but still looking for some clarity.
I’m interested in setting up a dividend portfolio and from what I’ve read, with Degiro’s custody account, there are fees that come with dividends but none with the basic account? Is that correct?
Also as far as taxation I’ve read about some issues regarding Degiro’s withholding tax. What are the differences between dividend withholding tax at DEGIRO va Swissquote? I was under the impression that in Switzerland they get taxed at 35% regardless of the broker you choose?
Ok thanks. So for me, trying to build up a dividend portfolio, it would be wiser to use a DEGIRO standard account? custody accounts incur max 10% fee and swissquote commissions are simply too high.
DeGiro with their custody account nickel-and-dime you for every dividend processed. I mean… sure, currency conversion is one thing. But not to many (online) brokers charge you these fees for dividend processing.
Otherwise, see ProvidentRetriever’s post above: If you have a job in Switzerland and declare taxes, the 35% Verrechnungssteuer should be pretty much irrelevant. Your broker might withhold them - they should be refunded through your tax return anyway.
By reading and partipating to this forum, you confirm you have read and agree with the disclaimer presented on http://www.mustachianpost.com/
En lisant et participant à ce forum, tu confirmes avoir lu et être d'accord avec l'avis de dégagement de responsabilité présenté sur http://www.mustachianpost.com/fr/
Durch das Lesen und die Teilnahme an diesem Forum bestätigst du, dass du den auf http://www.mustachianpost.com/de/ dargestellten Haftungsausschluss gelesen hast und damit einverstanden bist.