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Old 05.11.2015, 16:22
Mullhollander Mullhollander is offline
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Re: Trading US Stocks while in Switzerland ==> Owe Switzerland Taxes?

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thank you..It was helpful..I have another question..does ((wash sale)) tax rules exist in Switzerland?I trade just one option contract every day..I wanted to know can I offset my losses without any problem?
because under wash sale rule's conditions I will face problem..
Let's think about what you are asking. There are no capital gains or losses for tax purposes on financial assets in Switzerland unless the tax authorities determine that you are trading commercially. Therefore, if you have a capital loss as a private person, it is not reported as a loss on your tax return and it cannot be used to offset your losses.

If this is really important to you, suggest you consult with a tax adviser. I would hesitate to take tax advice from a message board. Taxes are complicated.
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