The FTA has updated the lists of legislative and ordinance amendments in the area of direct federal tax, value added tax, withholding tax and stamp duties. The list contains amendments to enactments in tax and duty law.
The following laws or regulations are expected to come into force:
- Federal Act on Electronic Procedures in Tax Matters (staggered as of 01.01.2022, 01.09.22, 01.02.23, 01.01.24)
- Amendment to the Federal Law on Direct Federal Tax (01.01.2023) concerning third-party care costs
- Code of Obligations (Stock Corporation Act) (01.01.2023)
- Amendment to the Federal Law on Value Added Tax regarding the turnover limit for non-profit, voluntary sports and cultural associations (01.01.2023)
- Ordinance on the Reporting Procedure within the Group for Withholding Tax (01.01.2023)
- Federal law on the change of system for residential property taxation (01.01.2024 at the earliest)
- Federal Act on the Taxation of Life Annuities and Similar Forms of Pension Provision (01.01.2023 at the earliest)
- Federal Act on Withholding Tax (Strengthening the Debt Capital Market) (01.01.2023 at the earliest)
- Collective Investment Schemes Act. Limited Qualified Investor Fund (L-QIF) (expected 01.04.2023)
- Amendment of the Value Added Tax Ordinance (electronic procedures) (expected 01.01.2024)
- Federal Act on Combating Abusive Bankruptcy (amendment of the Federal Act on Debt Collection and Bankruptcy, the Code of Obligations, the Criminal Code, the Military Criminal Code and the Criminal Records Act) (probably 01.01.2024)
- Federal Act on the Tonnage Tax on Sea-going Ships (01.01.2024 at the earliest)
- Partial revision of the Value Added Tax Act (01.01.2024 at the earliest)
- Federal law on direct federal tax (increase in tax deductions from premiums for compulsory health care insurance and accident insurance) (01.01.2024 at the earliest)
- Introduction of the trust (amendment of the Code of Obligations) (01.01.2024 at the earliest)
- Federal decree on a special taxation of large corporate groups (implementation of the OECD/G20 project on the taxation of the digital economy) (probably 01.01.2024)
- Amendment of the Value Added Tax Act and Ordinance on the Business Identification Number (01.01.2025 at the earliest)
The overview can be found here.
