In the shifting procedure, the importer does not pay the import tax to the Federal Customs Administration (BAZG), but declares it in the corresponding value-added tax quarterly settlement on a separate form and simultaneously claims it as input tax (which is why no money is transferred). The application of the shifting procedure is subject to various cumulative requirements, including the condition that the authorization holder is subject to taxation in Switzerland.In the case being assessed here, the art collector was not registered for VAT in Switzerland, which is why, for this reason alone, he did not possess an authorization to apply the shifting procedure and was generally not entitled to deduct input tax.
Source: primetax.ch
Latest Posts in "Switzerland"
- VAT Info 09: Input VAT Treatment for Holding Companies
- Switzerland Allows Small Businesses to File VAT Annually; Easy Switch by February 2026
- Switzerland Proposes VAT Law Changes for Bundled Offers, Digital Platforms, and Enhanced Enforcement
- Swiss Federal Council Consults on VAT Changes for Platforms and Bundled Services
- Switzerland Delays VAT Rate Increase to 8.8% Until 2028
