Switzerland

TAX MAG: VAT news in Europe

Keep up with the latest Intra-Community and European VAT news, decoded by our experts.

Focus: Switzerland

Switzerland – think about abolition of the global threshold for VAT registration of foreign companies

Currently, foreign sellers carrying out taxable transactions in Switzerland must register for VAT in Switzerland when their worldwide turnover exceeds CHF 100,000. Switzerland plans to abolish this threshold as of January 2024. Companies will therefore have to register for VAT in Switzerland when they carry out taxable businesses there from the first euro.
Country Briefs
20 May 2023

Switzerland – think about abolition of the global threshold for VAT registration of foreign companies

Currently, foreign sellers carrying out taxable transactions in Switzerland must register for VAT in Switzerland when their worldwide turnover exceeds CHF 100,000. Switzerland plans to abolish this threshold as of January 2024. Companies will therefore have to register for VAT in Switzerland when they carry out taxable businesses there from the first euro.
Country Briefs
13 February 2023

Switzerland – Practical Manual – Tax Obligations for Foreign Companies

The Swiss tax authorities have published a practical manual on the tax obligations for foreign companies in Switzerland. This handbook covers aspects that generally affect foreign businesses, including a description of activities requiring VAT registration, possible exemptions in Switzerland and administrative advice on how to register and when to submit VAT returns. It also explains...
Country Briefs
16 July 2021

Switzerland: Interest on Arrears will Apply Again from 1st January 2021

At the beginning of the COVID-19 pandemic, the Federal Council issued an ordinance providing for the waiver of late payment interest on taxes, incentive taxes and customs duties between March 20th and December 31st, 2020. As a result, the interest rate for late payment of VAT in effect during this period was 0%. As this...
Country Briefs
23 December 2020
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