Tax and other statements
What types of tax summary/tax statements are available?
Saxo Bank (Schweiz) AG clients can receive a tax summary/tax statement only for Swiss tax reporting purposes. The summary includes all transactions during the calendar year ending 31 December. As of fiscal year 2021, E-Tax Statements will be offered, which simplify the Swiss tax declaration by allowing the submission of the E-Tax Statement to the Swiss tax authorities without the need for additional data typing.
The Bank does not offer any non-Swiss tax summaries/tax statements. For clients residing in another country and/or having other foreign tax obligations, please consult your tax advisor.
How do I obtain a portfolio statement?
Clients may print their own portfolio statement directly from the Saxo Bank trading platform (Printing Instructions). The summary includes all transactions during the calendar year.
Will the Bank send me a portfolio statement/tax statement?
The Bank does not automatically send a portfolio statement/tax statement, neither electronically nor by post. If a client does not wish to print his/her own portfolio statement from the platform, and requires a tax summary/tax statement directly from the Bank we can provide this at a cost.
Tax summary/tax statement up to the fiscal year 2020:
In order to issue a tax summary/tax statement, the Bank will charge the client a basic fee of CHF 200, which includes up to 5 positions. Every additional position will have an additional fee of CHF 15. This service is only for physically domiciled individuals in Switzerland, and is subject to value added tax.
E-Tax Statements as of fiscal year 2021 going forward:
For the issuance of a tax summary/tax statement, the bank charges the customer a flat rate of CHF 100 plus VAT. The bank has set 9 order dates throughout the year. The following table provides an overview of the expected e-tax statement delivery timeframe to clients. Orders outside these deadlines are treated as express orders and cost CHF 300 plus VAT.
|Period client order||Order dates||Expected delivery timeframe|
|5th January – 1st February||2nd February||Order dates + 3 weeks|
|2nd February – 1st March||2nd March||Order dates + 3 weeks|
|2nd March – 1st April||2nd April||Order dates + 3 weeks|
|2nd April – 1st May||2nd May||Order dates + 3 weeks|
|2nd May – 29th June||30th June||Order dates + 3 weeks|
|30th June – 29th September||30th September||Order dates + 3 weeks|
|30th September – 14th November||15th November||Order dates + 3 weeks|
|15th November – 14th Dezember||15th December||Order dates + 3 weeks|
|15th December bis 4th January of the following year||5th January of the following year||Order dates + 3 weeks|
To receive an issued tax summary/tax statement, the client must submit a case via the trading platform. The fee will be debited directly from the client’s trading account and the summary sent directly via A-Post or e-mail.
How do I obtain a trading account summary?
A trading account summary is an overview of all transactions that have taken place for a specific time period. Clients may print their own trading account summary directly from the Saxo Bank trading platform (Printing Instructions).
Will Saxo Bank (Schweiz) AG send me a trading account summary?
The Bank does not automatically send a trading account summary, neither electronically nor by post. If a client does not wish to print his/her own trading account summary from the platform, and requires a statement directly from the Bank we can provide this at a cost.
A trading account summary will be provided for an additional cost of CHF 100.-- per account, debited directly from your trading account and be sent via A-Post. Clients wishing to receive the trading account summary by email must clearly include this instruction in the original email request.
To receive an issued trading account summary, the client must submit a case via the trading platform. The fee will be debited directly from your trading account and the summary sent directly via A-Post.
How do I obtain a tax or trading account summary if I am closing my account?
Clients must print all summaries or submit a case via the trading platform to process the trading account summary (as noted above) prior to closing the account. Please be aware that tax and any other account summaries cannot be provided after closure of account.