Glossary
Stamp Duty (Transfer Tax)
Stamp Duty (Transfer Tax) is a federal stamp tax (specifically the securities transfer tax, Umsatzabgabe, not the issuance stamp duty) on the purchase and sale of taxable securities when a domestic securities dealer is involved. It is charged on both buying and selling and is collected by the bank at settlement and remitted to the Confederation.
At a glance
01
The rate is 1.5 per mille on domestic and 3 per mille on foreign securities, split equally between buyer and seller.
02
It applies only when a domestic securities dealer (such as a Swiss bank) is party to the transaction.
03
Certain securities and counterparties are exempt from the duty.
Frequently asked questions
Stamp Duty (Transfer Tax) is due on the purchase or sale of taxable securities for consideration when a domestic securities dealer is involved. The bank collects it at settlement. It is distinct from custody and management fees and reduces the net return of a transaction.
Part of the topic
Vermögensverwaltungsmandate
Sources: Eidg. Steuerverwaltung (ESTV)