You are here: Home / Regulation / Taxes / Taxes "national" / Basics

Basics

The basics

The following list is broken down into three 'levels'

  • investment fund (portfolio and application of income)
  • investor
  • fund provider

and gives a summary of the most important laws and ordinances as well as circulars and guidelines and directives issued by the Swiss Federal Tax Administration (FTA) that must be observed in the case of domestic and foreign investment funds. The FTA has also issued information sheets not listed here to explain and clarify individual provisions.

As regards the taxation of investors in Switzerland, the respective cantonal tax laws must also be observed (these are not dealt with here).

Investment funds and taxes

Investment fund - portfolio (I)

Stamp duty on transactions within the portfolio (domestic and foreign investment funds managed from Switzerland):

Investment fund - portfolio (II)

Stamp duty on transactions within the portfolio (domestic and foreign investment funds managed from Switzerland):

Investment fund - application of income

The deduction of withholding tax on distributed and reinvested income and capital gains (domestic):

Investor (I)

Purchase and redemption (sale) of units (domestic and foreign):

Investor (II)

Income and capital gains on fund investments (domestic and foreign) - Determined solely by the applicable provisions in the investor's tax domicile:

Fund provider

Value added tax on turnover generated by fund management companies and their agents, as well as remunerations to distributors (domestic and foreign):