Do you have the option “reinvest” still on for your shares?
You can check through clicking
There you can choose between receiving cash (which is what you want) or reinvest automatically.
Oh, danke! Es war auf “an Kontoebene orientieren”. Was auch immer das bedeutet lol. Habs jetzt geändert. Vielen Dank dir.
Direkt oben sind die “Einstellungen der Kontoebene”
Ich schätze da hast du auch noch “Wieder Investieren”, daher wurde dies unten übernommen.
@Luk_nuts already answeeed regarding dividend reinvestment. It seems that this resolves your issue with unrounded numbers related to the number of shares purchased with reinvested dividends.
For info, you have the option to disable this feature in the trading settings. Simply remove the “Fractional Trading” option for shares. This way, if you wish to reinvest your dividends, you can only buy whole shares (or none if you don’t have enough cash to purchase a full share), as long as you don’t have a margin account.
Yes. I’ve just manually bought the amount to have a clear number again (and more…because i liked the current price hihi). I’ll check my settings about fractional trading again and decide whether I want to set it that way. The real problem with the sudden strange investment with so little money was solved with the change of the dividend election. Thank you too! It’s really sweet how quickly you can get help in this forum.
Can anyone share their procedure on how to declare stocks given by IBKRs referral program (“free” IBKR stocks)? Are these rewards taxed as income (i guess so), and are these taxed in the year they enter my IBKR account or in the year they are vested? (1y vesting period)
I can find many information regarding taxation of employee-stock programs, but not sure how that applies to these referral stocks.
For employee stock programs, they’re taxed in the year they vest (where you become the owner) and they’re taxed as income at the closing price on the day they vest.
No idea about the IBKR shares you receive in a referral program. Going out on a limb I think they’re not taxed (except that they count towards your wealth)? Isn’t it more like a loyalty program thing … like Coop Superpunkte that you receive (that you can also use to purchase Coop stuff) … or frequent flyer miles that you get from flying or from referring someone else and that you can use to purchase things (like flights)? Nor sure at all, just thinking out loud.
Not sure about this, as with Coop Superpunkte etc you have to ‘consume’ in Coop, while IBKR Referral stocks are hard cash that you can pay out after selling them…
Feels more like the cash gifts you get when opening a new bank account (e.g. the 200 at Alpian or the 50 at Radicant). And in theory you have to pay taxes, no? Probably few declare these, but IBKR referrals payouts can go up to 1K USD.
Edit: I assume that would be a case for “Weitere Einkünfte” (ZH Tax Guidance 2023).
Or part of “Erträge aus Gratisaktien”:
True. Maybe those Superpunkte and frequent flyer miles are on purpose set up that way as a way to circumvent the tax office: essentially, they’re also a cash equivalent* but more greyshade and not as clearly marketable as IBKR shares.
The coupons I receive from Migros via the Cumulus Punkte even explicitly print the CHF amount they’re worth at Migros. And I still would never think of declaring them in my tax statements. 
I also don’t think “Weitere Einkünfte” covers this. The examples listed there involve actual cash moved to you for Einkünfte which I read as income.
Neither do “Gratisaktien” apply as those are the employee stock benefits (at least the way I read this).
* I can purchase stuff with the Superpunkte or the miles that would otherwise cost me real money. Sure, it’s restricted to Coop or – in my case – to Star Alliance airlines, but at the end of the day it’s still mostly equivalent to cash?
Funny enough the case for Coop Superpunkte has actually been looked at in front of the Bundesgericht in 2010.
It was more regarding VAT duties (dispute between tax agency and Coop), but what I take from this, is that also in general customers “paid” upfront for the Superpunkte and therefore they are not taxable.
But that doesn’t apply to IBKR Referral Stocks, as here you get IBKR stocks worth 1% of the deposited money in the first year (and customers don’t pay anything upfront to receive this).
“Mr. Bunderrichter, I invested a lot of my own personal (and valuable) time into my friendship with the person who gave me the referral code and used it to open an account with IBKR. Therefore, I paid upfront for these IBKR shares and therefore they are not taxable.”
Preparing the legal arguments for my son who receives free IBKR shares as part of a referral.
I think they need to be declared as „free shares“ and will be taxed as income
I think IBKR calls them vested but actually they are already in account . They are kind of blocked for sale. So I don’t know when exactly they should be declared. My guess is that during the year they start showing up in account overview . The issue is that they are already part of NAV at Dec end 2024. so would be weird no to declare the event when they got transferred but count them in wealth
Maybe ask tax office this question and get the right information. And if you do, please share the findings
P.S -: you should wait for IBKR tax forms. I think this amount will show up under „other income “ form 1099-MISC
Tax season coming soon, does anyone knows how to declare free share in the French cantons (Geneva, Vaud, Wallis) ?
I want to confirm that you need to add a transaction with the following type:
Dividend in the form of securities, bonus shares (+)
or
Dividende sous forme de titres, actions gratitudes (+)
I don’t think that’s the same (it’s customer reward, not a dividend).
fwiw, I doubt the tax office really cares given the low amounts (unless you got thousands of CHF worth of them)
Amundi’s WEBN is listed at XETRA in EUR and USD. When I search with the ISIN on the IBKR Web Portal or Mobile I only manage to find the EUR listed version. How can I find the USD listing?
I also checked here with the ISIN:
https://contract.ibkr.info
Maybe you have no trading permission for stocks on London stocks exchange?
I think it’s just not there. I also checked on Swissquote, also not there. Not sure, where to buy this in USD. I’m thinking about changing to UCITS, but then I’d prefer accumulating, then I can also move securities to Swiss brokers for broker diversification. I’ll ask IB, if they can add it.
We have the same thinking. For me it looks like this:
Ticker WEBQ is not showing up at all.
I have the permission and it should be for XETRA anyways.
WEBQ indeed seems to be the ticker denominated in USD.
If I interpret the Bloomberg terminal correctly, it only trades in EUR as there is no price or spread available in USD.
For comparison WEBN:
A little odd as their prospectus explicitly lists USD as a share class:
(Source: https://www.amundietf.se/pdfDocuments/prospectus/IE0003XJA0J9/ENG/SWE/20240930 )
