Wondering what if anything I include in my tax return? I guess there's 2 parts to the question; 1, the directorship and 2, the shareholding
Thanks for any input
I've recently become a (non-compensated) director and shareholder of one company, and a shareholder of another one, both not based in Switzerland. As of this year there is no financial impact of this, meaning no income or dividends. The shares just have a nominal value of almost nothing as it's a friend's startup, and I didn't pay for the shares.
In my case (in the past) I communicated to my tax advisor and he put it under observation note, but as I had no income from it (nor dividends) no issue was made regarding that...
thanks was this in regards to a shareholding only or also a directorship?
Directorship: if income is paid to a director, report it on tax form. If no income, there is nothing to report.
- Income paid to a director should be documented on a Lohnausweis.
Shareholding: value of shares should be reported. Please see this link for a calculation to value a company, p. 6/12:
Great input thanks