- The Swiss Federal Council has confirmed upcoming VAT changes for the financial sector
- Investment foundations will now be aligned with collective investment schemes for VAT exemption
- New guidelines have been published by the Swiss Federal Tax Authorities regarding VAT exemptions for services provided to investment foundations
- There is still uncertainty regarding the interpretation of certain terms in the guidelines, which may lead to misinterpretation in practice.
Source: taxathand.com
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"
- Federal Court Upholds FTA’s Input Tax Deduction Practice, Criticizes Revenue Key Method.
- Federal Administrative Court Confirms ESTV Practice on Input Tax Deduction, Criticizes Revenue Key Method
- Appeal Dismissed: VAT Liability Upheld for 2020 Tax Period in Erotic Business Case
- Court Upholds Discretionary VAT Assessment for 2016-2020; Taxpayer’s Appeal Dismissed for Lack of Evidence
- Taxation and Social Security Implications for Social Media Influencers in Switzerland