- Value added tax (VAT) and real estate are complex topics in consulting
- Three ways to handle VAT in the sale of real estate: exempt from tax, voluntarily taxed, or through a reporting procedure
- Selling real estate as exempt from tax means no VAT is triggered, but the seller must adjust for any previous VAT deductions
- Example: a company selling a property used for business purposes must adjust VAT deductions when selling as exempt from tax
- The buyer takes over the property after the sale
Source: primetax.ch
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Switzerland"
- FTA to Discontinue “VAT Accounting Easy” Service from May 2026
- Federal Administrative Court Decision on VAT Input Tax Deduction Timing for 2020 Tax Period
- Federal Administrative Court Confirms Input Tax Deduction Reduction, Classifies SFOE Payments as Subsidies
- Swiss Federal Administrative Court Rules on VAT Reference Tax for Reinsurance Services
- Federal Administrative Court Confirms VAT Liability for Electronic Services from 2015-2020
