06.03.2008, 18:17
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 | Forum Legend | | Join Date: Feb 2008 Location: Zurich
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| Re: How to do your tax return Kt ZH
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But I have a question about the bit on the ZH tax return about shares.
First, I did not get a statement from Swissquote at year end, so presumably the Zürich authorities are going to trust whatever I tell them - I couldn't find a "request a statement for tax purposes" option on the Swissquote web site. Or what should I do?
Second, shares values change all the time, so what number would one put down for the shares' value? Logic states this is just the price I paid for them. But this is a tax form, so logic need not apply.
| | | | | You must enter the share purchase price and also the value as on 31-Dec-2007. That is relevant to determine your wealth at year end. Your broker must tell you the asset value at year-end. The tax authorities have their own database of share prices at year-end, which may be accessible.
If you sold any shares during 2007, then you must show both the purchase price and the actual sell price. Capital gains is supposedly tax-free. But, under certain circumstances, the tax-office may deem the profit to be income.
If you received any dividends in 2007, then you must show it as income. Of course, you then become entitled to refund of withholding tax.
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