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VAT registration annual turnover threshold to increase for certain institutions

During the 2021 winter session, the Swiss Parliament decided to increase the worldwide annual turnover threshold that nonprofit sports and cultural institutions run on a voluntary basis as well as institutions of public utility must meet to be subject to mandatory VAT registration. The annual threshold will be increased from CHF 150,000 to CHF 250,000.

The Federal Council will implement this change in the VAT law as from 1 January 2023.

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