Swiss Tax Reporting

The Federal Tax Administration (FTA) provides the income tax liability figure by share class for each tax year. If the funds are registered with FINMA, the FTA requests the legal representative in Switzerland to provide these figures. CFS undertakes the calculations in-house. If the funds are only distributed to qualified investors, the tax reporting to the FTA shall only start at the request of the FTA or if a bank or investor contacts us to obtain this information, and after informing you.