- New rules for online marketplaces to charge, collect and remit VAT on low-value imported goods by non-resident suppliers to consumers in the country.
- Electronic marketplaces must provide information to tax authorities upon request. Sanctions for non-compliance by mail-order businesses.
- Travel services and cultural event participation fees will be VAT-exempt.
- VAT on streaming services will be based on the customer’s location.
- Reduced VAT rate of 2.6% on menstrual products.
- Fiscal representative waiver for foreign taxpayers at Swiss Federal Tax Administration’s discretion.
Source IVA
