January 2025 platforms responsible for VAT collections for e-commerce goods of their third-party sellers has launched on 9 July 2024 a public consultation on its plan to impose Switzerland to on digital platforms for goods. The consultation completes on August 2024. From 1 January 2025,
Swiss Federal Council backs 0.7% VAT increase in 2026 to fund pensions rise The Swiss Cabinet on 16 October 2024 approved a draft decree for a VAT hike from 0.4% to 0.7%, taking the standard rate from the current 8.1% to 8.8% – probably in 2026.
VAT and customs loophole narrowed to dissuade cross-border shopping Switzerland is to cut from CHF 300 to CHF 150 the VAT and customs-free threshold for imports of goods. This applies on goods brought into Switzerland by individuals for personal use or as gifts. The measure
Swiss ePortal FAQs on electronic VAT registration, payments and adjustments from January 2025 The federal cabinet of the Swiss Confederation, the Federal Council, has mandated electronic VAT compliance. This is done via an update to the Swiss VAT ordinances and Art. 65a VAT Act. From
Changes to country of taxation travel, culture, sport and other events From 1 January 2025, the place of supply VAT rules in Switzerland are changing for a number of cross-border supplies. For services, the ‘general rule’ in Switzerland is that VAT is due in the
Range of updates on marketplaces, exemptions, fiscal representative requirements A number of changes to the Swiss Federal Law Governing VAT come into place on 1 January 2025. This follows a consultation These include Exemption for non-resident tour operators from VAT liabilities on Swiss packages. The
Switzerland’s Parliament agrees a range of compliance change to the VAT Act which come into effect on 1 January 2025. The main changes are listed below. Switzerland will raise VAT in 2024 to 8.1%. Marketplace deemed supplier VAT obligations, shifting the VAT collection obligations from
Withdrawal of CHF100,000 distance selling VAT registration threshold Switzerland is to follow the EU and many other countries by ending the VAT registration threshold for non-resident e-commerce sellers to consumers. The current threshold is CHF100,000 for all global income – so not just Swiss taxable
Swiss Federal Tax Administration to use VAT returns for new 4% levy on foreign TV streaming voted for in 2022 referendum Following 15 May 2022 referendum vote to impose a foreign streaming levy, the Swiss Federal Tax Administration has proposed to base the tax calculations
