According to the Federal Tax Administration's (FTA) notification dated 4 March 2020, over 200,000 taxable persons are already registered on the "ESTV SuisseTax" portal and calculate VAT electronically. Having already reached the 50% mark for online invoicing in January 2020 (see our article of 24 January 2020), the FTA interprets this further milestone as a welcome development in the field of digitising VAT declarations and underlines the generally increasing acceptance of online VAT invoicing.
At the same time, the FTA sees itself strengthened in its intentions to further increase the share of online VAT invoicing in the medium term. According to the FTA, additional measures such as the introduction of "VAT accounting easy" are already being planned.
The communication of the FTA is available here.
