- New rules for online marketplaces to charge, collect and remit VAT on low-value imported goods by non-resident suppliers to consumers in the country.
- Electronic marketplaces must provide information to tax authorities upon request. Sanctions for non-compliance by mail-order businesses.
- Travel services and cultural event participation fees will be VAT-exempt.
- VAT on streaming services will be based on the customer’s location.
- Reduced VAT rate of 2.6% on menstrual products.
- Fiscal representative waiver for foreign taxpayers at Swiss Federal Tax Administration’s discretion.
Source IVA
- Join the Linkedin Group on VAT/GST and E-Commerce HERE
- Join our Linkedin Group on ”VAT Rates – Legislative changes”, click HERE
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
