- The Federal Administrative Court ruled that compensation paid by Bank E to G1 is considered indirect, taxable remuneration from end customers, not from the bank.
- The service provided by G1 is not tax-exempt as an intermediary service due to lack of independent intermediary activity and self-interest.
- The taxpayer’s input tax correction was incomplete, as it did not cover internal services within the VAT group.
- The Court upheld the FTA’s use of the turnover key for input tax correction, finding it appropriate and not manifestly incorrect.
- The taxpayer’s appeal was dismissed, and the FTA’s approach to input tax correction and partial legal force was confirmed.
Source: bvger.weblaw.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.
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