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Old 18.01.2007, 09:53
Shorrick Mk2 Shorrick Mk2 is offline
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Re: Mutual Fund Distributions Taxable?

Quote:
I just looked back into my old bank records and found that no tax was withheld from a distribution, the fund is a Lux. one...But surely that means I owe tax on the money as income - but I am Quellensteuer. I won't bring it up with them...

A
Correct. Until the new legislation came in force there was no deduction on Lux domiciled fund for EU-national and domiciled citizen. In your case, assuming you are domiciled in Switzerland, there will be no withholding however you are supposed to declare dividends as income.

Safest is sticking to accumulating funds.
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