2D·

Then I want one too. This is the highest dividend payment I receive each year. And every year it's a few euros more. Of course, I always get the withholding tax back (annually, but you can also submit an application for the last 3 years), so it's worth it for this amount. The refund is done online, I have been using the account with the Swiss authorities for years without any problems. It is important that you have the tax voucher from the bank. Enter your details in the portal, upload the tax voucher, print out the application and have it stamped by your local tax office. Then send the whole thing to Switzerland and about 3 weeks later you have the money in your account. Everything is totally easy and takes about 15 minutes plus 2 trips to the post office.

24.04

Nestlé

Received x550 Dividends at CHF 3.05

CHF 1,677.50

15 Comments

ETF-DIY@ETF-DIY

Strong! Possibly also a candidate for my portfolio soon!

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John@Transporter

@ETF-DIY Food and drink always work. Stable in the crisis, but not a fast price rocket like NVIDIA and Co.

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Kurz@MrKurt89

First of all, thanks for the summary! I've already received two dividends but haven't bothered with the refund yet.
And of course: respect for this nice little sum! $NESN is such a company for me, if I could only have one in my portfolio, Nestle would be number 2 for me.
Congratulations!

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John@Transporter

@MrKurt89 Thank you. That was exactly my thought at the time. Food and drinks are always needed and Nestle is and was the market leader. In hindsight, a Microsoft or Visa would have been better at the time (which I had sold in the meantime), but you're not in that position.

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Nobody@Nobody_123

🫡

I'll get there one day too

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John@Transporter

@Nobody_123 Definitely, just keep at it and keep investing.

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Rendite Rudin@RenditeRudin

Very nice! Congratulations, I will soon be adding $NESN to my portfolio aufnehmen👍🏼

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John@Transporter

@RenditeRudin A few months ago would have been a great opportunity. In the long term, however, it will also bring joy at these prices... apart from Chups, Tech and Co.

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Rendite Rudin@RenditeRudin

@Transporter There will always be opportunities and as the time horizon is long, I have no stress :)

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John@Transporter

@RenditeRudin That's true, I've been on board since 2008.

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Rendite Rudin@RenditeRudin

@Transporter very nice! And through all crises gehalten👍🏼👍🏼

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John@Transporter

@RenditeRudin When I buy, I also hold. Crisis or no crisis 😀

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Rendite Rudin@RenditeRudin

@Transporter That's just right!

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Georg@G_with_shares

@Transporter By tax voucher do you mean the certificate of the respective dividend payment on which the withholding tax is shown?

And (sorry) what do you mean by 'account' for the Swiss authorities?

Why 2x to the post office?
1x sending, but it's the second time?

I haven't done it yet, but your post motivates me to do it now and I haven't informed myself yet.
Must start researching.

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John@Transporter

@G_with_shares I only know the tax voucher from my bank. It's a letter that says Tax Voucher on the letterhead and confirms that documents have been issued that are suitable for reimbursement of withholding tax. Some banks charge money for it, but mine is free of charge.

You can create the user account at https://www.estv.admin.ch/estv/de/home/direkte-bundessteuer/dbst-quellensteuer.html

Once you are registered there, you can start the process. Enter the security, number of shares held, the year, personal data such as account number, answer a few questions (whether you are trading on your own account, etc.), upload the tax voucher as a PDF and then have the application created.

You will receive the completed application to print out. One page contains the certificate of residence. You sign it and then send it to your tax office (1st time to the post office). They will stamp the certificate and send it back to you.

You now send this document with the rest of the application to the tax authorities in Bern (twice by post). Once they have received the application, it will be processed and the money will be refunded to your account.

If you get the tax voucher free of charge and your time is not calculated as working time, then the refund is worthwhile from 2.20 euros. I've been doing it this way for years and everything has always gone smoothly.

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