Switzerland is currently in the midst of implementing some significant VAT rate changes which are scheduled for 1 January 2024. This includes an overhaul of its standard, reduced and special accommodation rates. Further, re-classification of specific services, including travel services resold by travel agencies and participation in cultural events, under the ‘VAT exempt’ category. The appointment of fiscal representatives for foreign taxpayers may be removed.
Source: kofax.com
Latest Posts in "Switzerland"
- Swiss National Council Backs VAT Increase to Fund 13th Pension Payment for Seniors
- Swiss Court Decisions Clarify VAT Exemptions for Financial Intermediation, Aligning with EU Rules
- Switzerland’s New Packaging Ordinance: EPR Mandates for Sustainable Circular Economy by 2027
- VAT in Switzerland – A comprehensive up to date guide
- Switzerland Simplifies VAT Compliance: No Security Deposits for Non-Resident Companies, Fiscal Representation May End