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Old 12.05.2010, 23:32
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Formular DA – 1 - tax

Request experts in this forum to clarify on the below..
Formular DA – 1 (tax - Antrag auf pauschale Steueranrechnung und zusätzlichen)
For interest or dividend income originating in a EU country, tax is deducted at source . The gross interest or dividend income is fully included in Swiss tax return. Applicable Swiss tax is then due on this gross income and then logically speaking, the tax deducted at source should be set off against the calculated Swiss tax.
However it appears these are two separate items. The Swiss tax invoice does not initially adjust for the tax deducted at source in another EU country –the tax invoice is based on the gross income . A separate refund for tax deducted at source is processed by the swiss tax authorities. The set off which would be normally expected does not seem to be applicable when tax is deducted outside of switzerland – so does one have to pay swiss tax on the gross amount and wait for the refund to happen as a separate process? If so, how long does it take? Does anyone have experience in this subject – appreciate feedback on this.
Many thanks in advance for your help and time.
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Old 15.05.2010, 21:42
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Re: Formular DA – 1 - tax

Appreciation your help on the above query please. Thanks a lot.
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