Google will have a stock split in a form of dividend.
For every 1 stock you own you will get a dividend of 19 stocks. Will this special dividend be taxed as income in Switzerland, or is it tax free?
I think Tesla’s stock split also had the same form.
Edit : wrong information
In case of stock split in form of dividend, from a swiss tax perspective, it is not a stock split but “free shares”. It just happens that you get so many free shares that it is economically a split. You will have to pay income tax on the nominal value of the free shares.
For every share you own before the shares are awarded you will have to pay income tax on $0.019 if i calculated correctly
Nominal value means par value of the stock, which for most stocks is $1? Aw thanks!