- Adjustment Announcement: The Federal Tax Administration (FTA) of Switzerland has updated its VAT practice regarding securities as of April 29, 2025.
- Refund Verification: The FTA is currently verifying the refund requests related to existing securities, indicating a systematic approach to manage the processing due to the high volume of claims.
- Processing in Stages: Refund requests will be processed in stages, and the FTA will not accommodate requests for prioritized refunds, emphasizing the need for patience from claimants.
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