Binding rate information

Binding rate information (WIS) is a decision that will make it easier for taxpayers to apply the rules on VAT rates and provide them with adequate protection in this respect.
WIS will bind the tax authority to the taxpayer for whom it was issued – in relation to the good or service that is its subject. Other taxpayers will also be able to benefit from the protection (on the principles set out in the VAT Act [1]).
The WIS will contain a description of the good or service, or several goods or services, which together constitute one service, identify them according to the appropriate classification [2] and the appropriate VAT rate [3].
The application for the issuance of the WIS will be possible from November 1, 2019 – whereby the WIS will be able to relate to the legal status, which will become effective only from April 1, 2020.
During the transitional period, i.e. from November 1, 2019 to March 31, 2020, as regards VAT rates in force until March 31, 2020, it will be possible – as a rule – to apply for an individual interpretation of tax law, issued in accordance with the provisions of the Tax Ordinance .