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Old 23.05.2011, 12:02
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Tax return - where to declare revenue not yet received?

I am enjoying myself finishing our tax return 2010. My wife sold some shares in a coordinated sale during December, and by the end of the year there was a revenue which was not yet paid into her account.

Logically, this is part of her fortune and should be declared as such, but where on the form (or Easytax)? I am in Portugal and cannot just pop along to the local tax office to ask.

TIA
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Old 23.05.2011, 23:39
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Re: Tax return - where to declare revenue not yet received?

well you could try calling them!

i'm at a bit of a loss to understand as to how you could sell shares and not receive the revenue immediately.

if the settlement date on the transactions are in 2010 you declare in 2010. if it's 2011 then you declare in 2011.
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Old 24.05.2011, 09:11
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Re: Tax return - where to declare revenue not yet received?

It's not revenue, but an asset or wealth for Swiss tax purposes. (Capital gains most likely does not apply.) It's normally a matter of hours, or even minutes, between selling shares and being credited for the sale of shares.

However, if this was no the case, you could show the final amount you did eventually receive. If your total wealth is below the taxable level (about CHF250,000 of the top of my head) it's not going top be taxed anyway...
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