You can sell stocks, ETFs, a Picasso tax-free as long as the authorites don’t qualify you as a professional trader/ art dealer / whatever
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European countries (like most in the world) base personal taxation on residency, rather than location of assets or “origin” country of capital income.
As such, it doesn’t matter where a fund or stock is located for Swiss tax purposes.
- Capital gains in these ETFs are tax-free for a Swiss personal investor - same as for funds domiciled in other countries.
- Income in these ETFs (that is ETF receiving interest or dividends from stock it holds) are taxed according to Swiss tax law - generally irrespective of whether they are distributed to you or accumulated in the fund.
The advantages of (in particular) Irish ETFs for personal investors, as compared to ETFs in other countries, are their tax status in Ireland (1. generally favourable double taxation agreements that Ireland has with other countries, meaning these funds have relatively low tax burden when receiving dividends from these other countries, and 2. effectively a lack of withholding tax when the Irish funds distributes to non-resident investors like you)
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Thanks again. You explained it so well. Now i can begin with the fun stuff, checking which Irish based ETFs to invest in and how to diversify.