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  • #18832
    FC

      Good evening,
      I am new to this stock market stuff... and I am reading a lot of information on your site, which I find very exciting.

      I would like to know:

      1 – What is the difference between buying a security (from company x which is American) from Postfinance (Swiss trader) or from a foreign trader?

      2 – At the tax level (for a person domiciled in Switzerland) does that change anything?

      3 – Is it possible to buy a stock of an American company x on the American or Swiss stock exchange, that is, a company that is listed on 2 stock exchanges?

      4 – If yes, what is the difference between buying this security on the NY stock exchange or on the Swiss stock exchange?

      PS: When I registered on your site I received an Excel file but I don't know where I saved it, is it possible to send it to me again please.

      Thank you very much for your answers.

      #18850
      Jerome
      Keymaster

        Good morning
        and thank you for your compliments.

        Here are my answers:
        1 – What is the difference between buying a security (from company x which is American) from Postfinance (Swiss trader) or from a foreign trader?
        – Lower brokerage fees can be expected from some foreign traders, such as Interactive Brokers
        – there will be no Swiss withholding tax on dividends. For example, with a US account, there will only be the US withholding tax of 15%. But since automatic exchanges of information are just around the corner, you have an interest in declaring your account. So this advantage is no longer really one.
        2 – At the tax level (for a person domiciled in Switzerland) does that change anything?
        See above.
        3 – Is it possible to buy a stock of an American company x on the American or Swiss stock exchange, that is, a company that is listed on 2 stock exchanges?
        Yes. Big caps are often listed on multiple markets. Personally I prefer to buy them on their home market, but ultimately it doesn't change much.

        4 – If yes, what is the difference between buying this stock on the NY stock exchange or on the Swiss stock exchange? As mentioned above, it doesn't change much. It's more a question of habit. Since I trade almost exclusively US stocks, I place my orders most of the time on the NYSE. So I don't ask myself the question of whether the stocks are tradable or not on SWX.

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