- Swiss Federal Council has enacted amendments to VAT Act
- Amendments aim to modernize tax framework in line with digital trends
- Updated legislation will take effect on January 1, 2025
- Amendments include provisions such as formal definition of digital platforms and updated place of supply rules
- Clarifications on relationship between digital platforms and users
- Exemptions for medical and educational services
- Clarifications on treatment of advance payments under flat-rate method
Source: globalvatcompliance.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.
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