Regulated Funds Shareholder Tax Residency Data: Switzerland

The Swiss Tax Data Requirement 

The Swiss Federal Tax Authority “SFTA” requires certain Regulated Funds (e.g., Mutual Funds, RICs, UCITS) to provide or make available supplemented data when filing for cross-border Swiss Withholding Tax Reclaims. 

The supplemented data required by the SFTA, includes required data fields from financial intermediaries, to verify the final shareholder invested into the Regulated Fund is the same of the same residency i.e. bypassing through all financial intermediaries holding shares on behalf of other persons. 

S&P Global Tax Solution

S&P Global Market Intelligence has created a Tax Solution to support global Regulated Funds holding such Swiss Portfolio Investments. Our solution connects to the financial intermediaries, holding shareholder account details, sourcing required data fields. 

S&P filters the data fields into qualified & non-qualified buckets, producing a summarized output for the asset manager of the Regulated Fund. This data is fully anonymized. The fund manager only sees the bucketed % splits in a replicated format to the Swiss tax forms (e.g. Form 82r / 86b for US/ UK regulated funds or equivalent).  

The Regulated Fund country of domicile supported includes Austria, Australia, Canada, Denmark, France, Germany, Netherland, Norway, Sweden, Spain, UK & the USA. 

The S&P Global Solution is globally agnostic for all 12 countries impacted. It is also agile to support cross-border tax requirements for other use cases. 

Reduced Risk 

S&P will make available the collected & sanitised data to the SFTA following client instruction e.g., when the Regulated Fund is being audited. In such a scenario, the SFTA will have temporary access to specified Regulated Funds or share classes as instructed to be able to test the data obtained & used. 

Reduced Operational Cost

Our Tax Solution model has been designed to bring Global Standardisation.  Such global standardisation will reduce operational friction e.g., open Swiss tax reclaims will be closed in a shorter time with all required sourced data upfront. Historical open periods will also be resolved more efficiently.  

Such cost savings will apply to all stakeholders, including the global banks. 

Tax Assured

S&P delivered a proof of concept in 2025 to the SFTA with full transparency of the S&P model & the underpinning technology behind our Tax Solution.

Our approach is to provide transparency to support all stakeholders delivering tax fairness & efficient capital investment markets. 

Agile Approach 

S&P have purposely built in agility into its new design model to increase market liquidity, reflect higher valuations & customer returns.  This extends to our commercial model making our global Tax Solution open & available to everyone impacted. 

Stakeholder Benefits  

All stakeholders benefit from our S&P Global Market Intelligence Tax Solution. 

Our Tax Solutions supports: 

1. The full requirements of the SFTA 
2. Stronger & more efficient capital markets in Switzerland
3. Higher return on investment and net asset value 
4. Reduced operational costs & greater efficiency 
5. Better customer outcomes 

If your Regulated Fund invests into the Swiss public equities market, please get in touch with one of the S&P team who will be able to talk you through all the features & options that our Swiss Tax Solution provides.