The Swiss withholding tax on income from assets can be reclaimed by taxpayers who are liable for the source taxation. They have to reclaim it from the tax authorities in their residential area.
All other taxpayers declaring the income on assets in the Securities and Credit Balance Form of the tax return of the respective year can claim the Swiss withholding tax. In most cases the credit from the withholding tax will be offset with the taxes owed in the following fiscal year.
It is possible to partly claim back foreign withholding tax, which is directly deducted from the income from assets in the EU (until 2015) and the USA, from the cantonal tax authorities.
The claim is completed with the regular tax declaration of the income from assets and assets in the DA1 form of the Securities and Credit Balance of the tax return.
We give advice on this matter or can undertake it for you.