Hey everyone,
I know there are tax treaties in place to avoid double taxation, but how exactly does the DA-1 form work when reclaiming taxes on foreign investments? Are there any limits or specific countries where the process is more complicated? Also, does anyone have experience with dealing directly with tax authorities in Switzerland or abroad for such claims?
Would love to hear your insights or any tips on making the process smoother!
Kirk
Hey,
The DA-1 form is your friend when it comes to reclaiming foreign taxes on investments. Essentially, it lets you get back some of the taxes that other countries withhold on things like dividends. For example, the U.S. takes 30%, but with the Swiss-U.S. treaty, you can claim back 15% via DA-1.
The process can get tricky depending on the country. The U.S. and EU countries are usually straightforward, but for other places, it might take more time and patience.
As for dealing directly with foreign tax authorities—honestly, it can be a hassle, especially outside the EU. I suggest you hire a tax advisor just to avoid the headache, you might get answers from forums like this, but paying a bit to the advisor will save you from many potential troubles.
Hope that helps!
Tabor
Thanks, i was asking for a friend.
It can be a hassle i agree, but are the tax advisors any less headache? 
I'm not even sure they are trustworthy, and besides, my friend does not have that much time for a proper "investigation".
A follow-up question then: Is it possible to first pay taxes and then get them as a return if there is any treaty avoiding double taxation?
