DA-1 is a form that can be used to avoid double taxation of dividends from foreign shares. The dividends of some shares can be taxed twice: both in the country where the company operates and in Switzerland. This is the case with US shares for example. Their dividend payments have already been taxed in the USA.
You can reclaim this double taxation with the DA-1 form. However, the Swiss tax authorities will only consider a DA-1 form if the total value is higher than CHF 100. With the DA-1 form, you will receive 15% of the double taxation of your dividends back. For this value to be higher than CHF 100, your portfolio must pay out more than CHF 600 in dividends from foreign shares. This is usually not the case for an Inyova portfolio until it is worth over CHF 400,000. In this case, we will contact you personally in February.
For the declaration of most Inyova portfolios, the DA-1 values in the tax report are therefore not necessary. Here you can find a step-by-step guide on how to declare your Inyova portfolio.