I was wondering shouldn’t it be treated as „tax free“ gift rather than income?
As far as I know gifts below 5000 CHF from individuals are tax free. And free shares are kind of gifts because they get originated due to promotional activities or referral from friends.
I searched quite a bit yesterday and couldn’t find anything saying that promotional activities, etc. would be exempt, except that people apply common sense and if it’s 1) a one off 2) small compared to regular income, the tax people won’t care. (same as not declaring very small cash value, etc. people apply common sense)
(but I think otherwise it’s not actually a gift, it’s a reward and those are taxed, it’s a “revenu accessoire” in French)
edit: fyi for a company gifting their employees, the limit is 500 CHF, above that it has to show up in the Lohnausweis.
edit: also it’s not a gift, since there was a counterparty (the referral or the usage of the service)
The “system” tells you to put the ISIN at the end of the name of the company if they don’t find it. You cannot put it into the ISIN field if they don’t have it in their database.
When I was a few years younger I thought that they maybe add the securities the next year… they don’t. Because those are the Kanton guys and the database is maintained by the Switzerland guys.
You can write them and tell them the ISIN of the securities not in the database. The address was already posted a few times. I usually use the form on the admin.ch ICTax page but cannot find it at the moment, sorry.
In the BaselLand software, they changed the setting last year so that you can’t have a blank ISIN field and an unrecognised ISIN is not accepted. I think next time, I’ll submit the additional ones on paper or in the additional notes field and let them deal with it.
At least the database is maintained on a Switzerland level. They could save about 95% of the costs and have way better software by using the same with a few Kanton specific parameters.
But seriously, if you write the guys they usually put the ISIN into the database in less than 24 hours.
If you get a message that the “ertrags” (dividends or so) are not yet there, be ready to refill all the fields. That happened to me. I think sometimes zhtax don’t get all the info in time or something like that. There was a warning the day I filled it.
It’s not super reliable for me (or I haven’t figured out). Sometimes just opening the entry refreshed it, sometimes searching for the security did the trick.
(But there’s still one entry where it didn’t refresh, while ictax data is there and was entered early Feb)
Had that situation this year. ICTax wrote me that the data in SIX Financial Information for this title was incomplete. I just entered the title manually.
I plan to do it myself this year, is there any tutorial available for Vaud there? I saw the codes to deduct but I wonder if there is anything more explicit to just inspire myself. I normally use a fiduciary, but I would like to get rid of that expense
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