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Old 13.04.2010, 13:52
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Certificate of Deposit - Tax Question

I am in the process of filling in my Vaud tax form and have a query about a Certificate of Deposit. I have a CD in a bank in the US and have been told that I need to include the CD and interest income in Etat des titres (code 410). However, I haven't been able to get a clear answer on whether the CD is considered as a 1/ Comptes bancaires, postaux, etc., or 2/ Fonds de placement. Can anyone help?
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Old 13.04.2010, 17:16
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Re: Certificate of Deposit - Tax Question

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I am in the process of filling in my Vaud tax form and have a query about a Certificate of Deposit. I have a CD in a bank in the US and have been told that I need to include the CD and interest income in Etat des titres (code 410). However, I haven't been able to get a clear answer on whether the CD is considered as a 1/ Comptes bancaires, postaux, etc., or 2/ Fonds de placement. Can anyone help?
I wouldn't imagine there is a problem in Section 4, if the 2 options are in the same section. They just want to calculate your wealth, I would put it in " Fonds de placement"
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Old 13.04.2010, 18:14
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Re: Certificate of Deposit - Tax Question

Thanks so much for the reply but unfortunately the 2 sections under Code 410 treat the interest income differently and that's where my problem lies. If I file the CD as a Comptes bancaires then the interest income is included as part of the 1500 Fr. deduction allowed for interest under Code 480. However, if the CD is filed as a Fonds de placement then the interest isn't counted in the 1500 Fr. deduction.
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Old 05.04.2013, 07:44
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Re: Certificate of Deposit - Tax Question

Even though high yield is not very high anymore, you'll still want the very best rate of return available whenever you invest in a certificate of deposit. Your high-yield CD should also have an optimum load of features, from the right period of term and minimum deposit to most frequent interest compounding and other advantages like rate bumping and no withdrawal penalty. The following banks offer some of the best certificates of deposit when judged by these standards.
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