Home Forum Dividends & stock market Withholding tax refunds and exchange rates

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  • #16448

    Hello everyone,

    I have a question following the payment of PG dividends in USD today.
    On the 15% of recoverable tax, what is the exchange rate applied when requesting a refund from the tax authorities?

    Will they convert the USD tax into CHF at the rate used when paying (i.e. today's rate, which seems logical to me) or at the rate at the time the declaration is made?

    Thank you for your feedback.

    Wishing you a great day,
    Gregory

    #17118
    Jerome
    Keymaster

      Hi Gregory
      is converted at the rate prevailing at the time of payment of the dividend.
      Good luck with your tax return ;-)

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