interactivebrokers for a Swiss no-profit organization

Discussion in 'Trading' started by Nym, Jul 11, 2012.

  1. Nym


    Hi all,
    one of my friend is working in a Swiss non-profit organization and is considering to use IB instead of the local bank for the accounts of the organization.
    He is asking me about taxes but I do not know exactly how it works.
    I believe that IB has a local office in Switzerland so everything should be "national". Am i correct?
  2. zdreg


    re: taxes probably.
    why should it be any different than going through a local bank.
    shouldn't the accountant for organization answer the question?
  3. Nym


    IB is in US if I understood correctly.

    Non profit organization in Switzerland do not have to pay taxes for income as long as they reinvest what they earn in the organization.

    This page is probably generating some misunderstanding:

    look at "Non EU-Persons and Entities"