Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 17.01.2021, 19:33
JdG JdG is offline
Newbie
 
Join Date: May 2019
Location: Ponte Tresa
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
JdG has no particular reputation at present
Permit B less than 120K +Dividends, Tax Return?

Hi all,

I have a B Permit, Gross Salary below than CHF120k and being taxed at source.

During 2020 I opened an Interactive Brokers accoant and bought some shares which generated some dividens (less than CH200)

Must I do a Tax Return?

Thank you very much in advance.
Reply With Quote
  #2  
Old 18.01.2021, 01:49
Forum Veteran
 
Join Date: Aug 2015
Location: Basel
Posts: 2,199
Groaned at 53 Times in 44 Posts
Thanked 1,402 Times in 823 Posts
Landers has a reputation beyond reputeLanders has a reputation beyond reputeLanders has a reputation beyond reputeLanders has a reputation beyond repute
Re: Permit B less than 120K +Dividends, Tax Return?

If your brokers account is Swiss then won't the dividends have withholding tax applied? In which case I suppose a tax return would enable you to recover some of it?
Reply With Quote
  #3  
Old 18.01.2021, 10:28
Forum Veteran
 
Join Date: Mar 2014
Location: Neuchatel
Posts: 750
Groaned at 3 Times in 3 Posts
Thanked 329 Times in 208 Posts
Enohzee has an excellent reputationEnohzee has an excellent reputationEnohzee has an excellent reputationEnohzee has an excellent reputation
Re: Permit B less than 120K +Dividends, Tax Return?

You need to request a full tax return if you have over a certain threshold of wealth or additional income, I believe.

It depends on the canton, so check your canton tax website
Reply With Quote
  #4  
Old 18.01.2021, 10:49
aSwissInTheUS's Avatar
Forum Legend
 
Join Date: Nov 2007
Location: Zurich area
Posts: 12,784
Groaned at 99 Times in 88 Posts
Thanked 19,564 Times in 8,679 Posts
aSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond repute
Re: Permit B less than 120K +Dividends, Tax Return?

If you have worldwide (!) income or wealth you must fill a tax return.
Usually there are thresholds were you have to so. Unfortunately the website of canton AG is not really helpful. You have to ask them what they are.

https://www.ag.ch/de/verwaltung/dfr/.../nov/nov_1.jsp
Reply With Quote
  #5  
Old 18.01.2021, 12:06
JdG JdG is offline
Newbie
 
Join Date: May 2019
Location: Ponte Tresa
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
JdG has no particular reputation at present
Re: Permit B less than 120K +Dividends, Tax Return?

Thank you all for the answers.

Actually I moved to Ticino during 2020.

I did not find any helpfull info in the Ticino official website eaither, also sent an email but the answer was not clear.

I sent a new email and still waiting for the answer, I will call if needed.

Anyway, it is important to know that there are threasholds. Any nows which apply in Ticino?

Many thanks,
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Accountant Recommendation Tax Return on US Dividends ALICE Finance/banking/taxation 7 20.03.2019 21:37
about EU dividends / tax return Dr Mick Finance/banking/taxation 11 06.04.2018 13:13
Very specific tax question(Zug, 1st time tax return, above 120k) Troublawesome Finance/banking/taxation 11 11.01.2018 17:49
B Permit > 120k tax return - earnings vs annual salary Szilvia Finance/banking/taxation 5 25.01.2016 22:08
Taxation for B permit holder under 120K Frantic Finance/banking/taxation 8 16.09.2011 14:32


All times are GMT +2. The time now is 14:48.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0