At its meeting on 29 June 2022, the Federal Council opened the consultation on the amendment of the VAT Act and the amendment of the Ordinance on the Business Identification Number. In future, the STV will be able to automatically notify the Federal Statistical Office of sole proprietorships without an entry in the commercial register but with a VAT turnover of at least CHF 100,000. This will make it easier for commercial register authorities to check entries.
The bill provides for an adjustment to the FTA's duty of confidentiality vis-à-vis the FSO and the commercial register authorities. It includes the reporting of all sole proprietorships that declare at least CHF 100,000 in turnover for VAT but are not entered in the commercial register. In a second step, the FSO will adapt the Ordinance on the Business Identification Number (UIDV) so that the sole proprietorships reported by the FTA can be identified in the UID register. The process will be fully automated.
The consultation period lasts until 20 October 2022.
The media release and other documents are available here.
