Abs_max
February 28, 2025, 7:57am
188
If following is true
you have been able to recoup 100% of tax (withheld at IBKR) using DA 1 until now while your assets were at IB
you have filled W8BEN properly at PF
The following will also be true
you will be able to recoup 100% of tax withheld at PF using DA1 & RUS
In other words -: DA1 portion is equivalent for both brokers and RUS portion at PF will be credited completely at time of filing tax returns .
Read below for some details
***If you are not Swiss resident for tax purposes, this post is not relevant for you.
Dividends are different than interests . Let’s take example to make things clear for dividends. Let’s assume you own three ETFs (CHSPI, VT, and VWRL)
VWRL is domiciled in IE
CHSPI is domiciled in Switzerland
VT is domiciled in USA
Dividend withholding tax works as following (assuming you have filled W-8 BEN with your broker)
Case 1 -: Swiss broker (like Swissquote)
VWRL will have 0 withholding tax
CHSPI …
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