The accumulation is always on the funds/ETF fiscal year end.
Here, it’s 30.06. For other, it could be end of September, December etc.
For wealth tax purposes, you always look at the value on 31.12 irrespective of the accumulation date.
Yeah, only inquiring about accumulating funds.
Not sure I understand it correctly. So the date to report the holding for calculation of internal dividend distribution depends on the canton or is it always end of year?
What du you mean with “here” and other?
Always ETF fiscal year end
Fiscal year end for ishares msci world is 30.06. For other ETF/ETF providers, it can be another date, such as 30.09, 31.12.
You can find the information directly on the website of your favorite ETF provider.
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Thanks!
Thanks a lot for all the replies and valuable info.
Indeed, my withheld tax on the US dividends is like 20 CHF so no DA-1 for me.
For EU-domiciled ETFs like IE000716YHJ7 for example, the ICTax system only provides the gross dividend amount (rightmost column named “Gross return without WHT in CHF”). This is the value I should report to “Rendements imposables” in the second cell (“releve fiscal papier” page), right? I cannot know the net dividend amount.
Yes. There is no witholding tax on irish ETF (distribution or accumulation)
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Merci beaucoup
I thought there is (15%), but it’s not reclaimable?
Dont mix level 1 (what the funds receives) vs level 2 (what the funds pays to the investors)
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Hi all
I have a general question in case someone knows.
Assuming an accountant uses the software getax to fill in my declaration, can I get the file and somehow open and see what exactly he reported?
I have found someone that can do my first Swiss tax declaration for 180 CHF but they use the software.
I want to learn to do it alone from next year and I am asking myself if I can learn from the submitted file how some details are declared.
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Yes, everything is saved to a “.tax” file. You can open it using GeTax and check the numbers in the tax declaration.
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Great! Then I will pay for the first time to be sure it is done correctly and next year I do it alone.
Hi all
I paid an accountant for the first declaration this year and we discussed the following which raised some questions from my side.
The main question is how to estimate the value of a property bought in EUR in EU in 2021.
When I called AFC they told me to use the rates from here Taux et données fiscales | ge.ch
My accountant says he must use the rate in February 2021
“ Bonjour Monsieur.
Merci pour votre message. L’afc prendra en compte le taux de l’euro du mois de février 2021 et non le taux annuel moyen pour le calcul du prix du bien immobilier.”
What is the right way? The 2 above scenarios lead to a difference of 15k in the property’s estimated value .
Since I moved to Geneva, I have used the conversion rate of the mortgage made in 2012 and never changed it since.
If you made you mortgage in euro in 2021, and use the conversion rate of 2021 it is the same logic.
I have never reevaluate the value of the building as well.
The fiscal expert never went back to me since 4 declarations
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The property was purchased in euros. The question is what rate to use to estimate its purchase value in 2021.
My accountant says the rate of Feb 2021, I use the one from cantonal office
That makes sense.
I will suggest to use it and keep the same initial amount without reevaluation.
Ok I will then agree with him and use the rate of the month of purchase and not the average from the cantonal website.