Why do Finpension or Yuh offer UCITS products and not the VT domiciled in the US?

Daniel

Daniel

Member
What I learned from you is that, for dividend withholding taxes, it is better if the ETF or product is domiciled in the US rather than Ireland. Here is my question: I use IBKR, but I have considered splitting some of my investments to avoid having everything on a platform outside Switzerland.

On Yuh or Finpension (for free investments), and the "free" ETFs offered by Yuh, they are UCITS. This raises doubts for me as to whether I understood correctly how they handle taxes on dividends afterward.

Until today, I thought that UCITS retained at least 15%, and that with ETFs or products from the US, due to the agreements between Switzerland and the US, you could save the total withholding tax before declaring in Switzerland. Do I have any incorrect information? Thanks.
 
Finpension does not use ETF, but they use pension funds. But it's true that these pension funds are IE and not US.
Yuh only offers UCITS ETFs.

I think it's a matter of regulation and simplicity. If they offered US ETFs, they would need to be a qualified seller and they would need to educate people on US estate taxes.

Daniel said:
Until today, I thought that UCITS retained at least 15%, and that with ETFs or products from the US, due to the agreements between Switzerland and the US, you could save the total withholding tax before declaring in Switzerland. Do I have any incorrect information? Thanks.
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Yes, you lose 15% with UCITS and 0% (effective, after reclaiming) with US ETFs.
 
I thought the reason was simplicity (I understand that I don’t have to submit the form this year in IBKR because I started investing in October/November, and in IBKR, it shows that there is no data to declare this year. Does it take longer for them to update it?)
 
Daniel said:
I thought the reason was simplicity (I understand that I don’t have to submit the form this year in IBKR because I started investing in October/November, and in IBKR, it shows that there is no data to declare this year. Does it take longer for them to update it?)
Click to expand...
I am not sure I understand your question. What form are you talking about?

Even for a single month, you will need to declare your investments.
 
"You do not have any dividends with tax withheld for the selected year and country. Please try again."

This information I got it. Wenn I choose option
(Request Dividenden Tax...)
 
In IB, you will only need to generate an activity statement, this can be done at any time, they do not have tax statements for Switzerland.
 
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