DA-1 securities

DA-1 securities are foreign securities where foreign withholding tax has been deducted on interest or dividends abroad.

With the DA-1 form' you can request that this foreign withholding tax be credited against your Swiss tax liability' so that the same income is not taxed twice.

You must declare the assets as of 31 December' the gross income' meaning before deduction of the foreign tax' and the foreign withholding tax deducted abroad.

Important: if the total reclaimable foreign withholding tax is less than CHF 100' no credit will be granted. In this case' you declare the income under Securities' already net of the foreign withholding tax. The position does not belong in the DA-1 Securities section.

You own US shares and receive dividends. In the United States' withholding tax is deducted. These shares belong in the DA-1 Securities section' with gross income and the foreign withholding tax. The foreign withholding tax will be credited against your Swiss tax burden.

If the total reclaimable foreign withholding tax is less than CHF 100 you declare the income normally under Securities net' meaning after deduction of the foreign withholding tax' since you cannot claim a credit.

You need the tax statement from your bank or your portfolio showing the assets' the gross income and the foreign withholding tax.

Open DA-1 Securities and enter the foreign securities with assets as of 31 December gross income and foreign withholding tax.

Select the account to which a possible refund should be paid and upload the corresponding tax statement.