
Newsletter VAT
Our newsletter provides concise, clear and understandable information on the latest developments in VAT tax practices that have an impact on the Swiss market.
February 2021
report on the results and the draft law with a legislative message will be sent through the councils.
Processes and systems are to be consistently simplified, standardised and digitalised. The focus is on
security. This is also the goal of the new ICS2 in the EU.
December 2020
Download – VAT distinction: Interest/income from securities – Dividends
October 2020
company to be founded (so-called spin-off). This is often done retroactively, e.g. to the beginning of the
current year. In this case, which company owes the VAT amounts attributable to the spin-off branch of
business?
August 2020
(SFTA). But the fact that the SFTA is now intervening in online gaming is completely new – and leads to
many questions.
June 2020
May 2020
The liquidity of a company is essential for its continued existence. Especially in economically difficult times,
such as those caused by the COVID-19 pandemic, it is extremely important to pay attention to all sources of liquidity.
Don‘t forget the input VAT and get your money back in time!
Download – Looking for money in times of COVID-19? Input VAT as a source of liquidity!
April 2020
resulting from the elimination of taxation of internal turnover. The possibility of group taxation is
often discussed much later, after the establishment and/or VAT registration of a Swiss company. Is a retroactive
combination as a VAT group even possible?
February 2020
by car to be independent and faster at the planned place of arrival. In addition to the art of driving a car,
VAT and customs should never be ignored…
Download – VAT and customs duty for cross-border vehicle use
December 2019 – Special Edition Brexit
an overall majority for the Tory party with his slogan “Get Brexit done”. So, what are the next steps?
Download – The UK elections and its impact on the Brexit discussions
November 2019
The new year 2020 is just around the corner. The VAT innovations are now within reach.
October 2019
July 2019
Download – Installation supplies vs. ancillary supplies to carriage/shipping
May 2019
Download – Brexit: The game goes into another period of extra time!
March 2019
Download – Preferential Customs Tariffs and Supplier Declarations
February 2019
Download – Distance selling update
January 2019
Download – New EU VAT system from 01.01.2020
Special Edition – January 2019
December 2018
Download – AEO – Authorised Economic Operator
November 2018
Download – Direct application of the European VAT directive
September 2018
Special Edition – September 2018
Download – Great news: No RTV fees for foreign companies after all
August 2018
companies are really aware that one of the many effects of globalisation can even be a reduction in costs, as the August edition of vat’s important reports.
Download – Do I know my supply chains?
July 2018
Download – Foreign or domestic place of supply – Pros and Cons?
June 2018
Download – Caution advised for cross-border deliveries
May 2018
Download – Contributions for radio and TV as of 2019 – What does that have to do with Swiss VAT?
April 2018
March 2018
Most companies have in the meantime submitted their 4th quarter 2017 VAT declaration to the Swiss Federal Tax Administration (SFTA), but the 2017 value added tax reporting obligation is not yet completed with this. The taxable person still has to reconcile the value added tax for the entire year as part of the so-called finalization.
February 2018
The year 2018 has brought and brings about some alterations from an indirect tax per-spective. Much has already been written and reported about it. Unfortunately, it is our ex-perience that not everyone is aware of these new developments. We therefore want to seize this opportunity and reiterate how important the following issues are to every single business.
December 2017
The Federal Council has repealed the Federal Department of Finance’s (FDF) Ordinance on Electronic Data and Information (ElDI-V) of 11th December 2009 with effect from 1st January 2018. This facilitates digital accounting as well as the deduction of input tax.
November 2017
After 2014, in its judgement of 3rd October 2017, the Federal Administrative Court again assessed the mediation in the financial services sector as being subject to VAT. Accordingly, the mediation should be oriented as was customary until 2009 – by means of direct representation! In order to finally have legal certainty a final decision on this case by the Federal Court would be desirable.
Download – Renewed judgement on the provision of financial services
September 2017
VAT is an important part of corporate activity. As of 1st January 2018, there are amendments to Swiss VAT law. What does this mean for my company? What do I have to think about?
Download – New VAT rates and changes to VAT law in Switzerland
December 2016
160 countries levy a national consumption tax and the U.S. (we) are the only country in the OECD that does not. The past 8 years of federal deficits plus the projected deficits over the next 25 years have raised concern about how long we can continue deficit spending and still avoid a fiscal crisis. Are we ready for a serious debate about a overhaul of our tax system before the window of opportunity closes?
November 2016
160 countries levy a national consumption tax and the U.S. (we) are the only country in the OECD that does not. 1 The past 8 years of federal deficits plus the projected deficits over the next 25 years have raised concern about how long we can continue deficit spending and still avoid a fiscal crisis. Are we ready for a serious debate about an overhaul of our tax system before the window of opportunity closes?
Original published on: https://www.picpa.org/articles/journal-articles/article/2016/11/28/can-a-value-added-tax-put-our-debt-in-order
March 2015
In October 2014, the Federal Administrative Court reached a decision (23/10/2014, A-4913/2013) with potentially far-reaching consequences in the field of Swiss value added tax (VAT): The concept of mediation is to be interpreted in the same way as under the old VAT law (MWSTG), valid until 31st December 2009.
Download – PrimeTax Info VAT 03/2015
Publication in the journal “Expert Focus”
January 2015
“Many foreign companies provide electronic services (e.g. cloud computing, software, server facilities, online films, music, books.) to non-taxable private individuals based in the European Union (EU). However, only a few of them are aware that specific regulations for charging and reporting Value Added Tax (VAT) have to be applied – never mind if these companies have a presence in the European Union or not.”
December 2014
On 12th November 2014, the Federal Council adopted two amendments to the VAT provisions. On the one hand these are concerned with the VAT liability of foreign companies in Switzerland, and on the other hand with group taxation for pension funds. The amendments shall enter in force as of 1st January 2015.
July 2014
US companies providing electronic services (e.g. cloud computing, software, server facilities, online films, music, books.) to non-taxable private individuals based in the European Union (EU), specific regulations for charging and reporting Value Added Tax (VAT) have to be applied. This impacts all companies – never mind if these companies have a presence in the European Union or not.