- The Swiss Federal Council has opened consultations on changes to the VAT law, mainly to implement two parliamentary motions.
- One change would extend platform taxation to electronic services (like apps, games, films, and music), allowing the tax authority to block online offers if necessary.
- Another change would lower the threshold for treating bundled services (e.g., hotel stays with meals and ski passes) as a single service for VAT purposes from 70% to 55%.
- The platform taxation extension is expected to generate additional revenue in the low tens of millions, while the change for bundled services would result in similar revenue losses.
- Additional minor adjustments are proposed, including abolishing the unused option to use the business year as the tax period; the consultation runs until March 19, 2026.
Source: news.admin.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"
- Swiss Government Considers VAT Increase to Boost Military Funding Amid Security Concerns
- Swiss VAT Declaration: Deadlines, Process, and Legal Requirements for Foreign Companies
- Switzerland Delays VAT Rate Increase to 8.8% Until 2028
- How and Why to Obtain a Swiss VAT Number: Requirements, Process, and Key Obligations for Foreign Companies
- Key VAT Rules and Compliance Requirements in Switzerland: Rates, Registration, and Filing Deadlines
