Money deceleration

I am a Portuguese man living in Switzerland (Switzerland is my fiscal address)
Wenn collecting dividends, from my stocks, I stell Nide to declereit or they take the money before e revive… (In Portugal same trading platforms do it automatically… And you just need to declare wenn you sell)

If is the same in Switzerland… Witch trading platform do it automatically?

Hi there,

Thanks for your message. I recommend Saxo Bank as a suitable trading platform for your needs, especially if you’re looking for a streamlined approach to dividend taxation while living in Switzerland.

Based on the information snippet I found on their website, Saxo Bank seems to handle withholding taxes on dividends automatically, similar to what you described in Portugal. When you receive dividends, Saxo Bank credits the income to your account after deducting the applicable withholding taxes. So you won’t need to declare these amounts upon receipt, as the taxes are already withheld.

However, it’s best if you contact Saxo Bank’s customer service directly to ensure that this information is correct, especially since you’re a Portuguese citizen which might complicate the situation.

I hope this helps.

Best wishes,
Andris