Im trying to find out the tax situation concerning owning US registered bond funds or ETFs through a Swiss broker.
As far as I am aware for US stocks there is a dividend withholding of 15% (that can be reimbursed involving Swiss bureaucracy that I like to avoid).
I’m not sure if something similar would happen concerning the payouts of bond funds/ETFs - for instance SCHZ.
I understand the tax situation depends a lot on the bond type, but I’m not sure if this taxed by withholding or through US income tax (which would not be applicable to me as EU citizen).
Maybe someone can shine a light on it, I’m by no means a tax expert…
Edit: I just saw it might have been better at place in the ‘Taxes’ area, sorry if its in the wrong place.