On 15 February 2017, the Federal Tax Administration (FTA) launched the form for the repayment of interest on arrears already paid. Only this form is to be used for the reclaim.
On 15 February 2017 the amendments to the Federal Law on Withholding Tax came into force. Within one year, companies can, upon request, reclaim default interest already paid which they had to pay because they had not reported intra-group dividend payments to the Swiss Federal Tax Administration until after the 30-day period had expired (cf. our contribution of 7 February 2017).
In order to ensure the rapid settlement of cases, the FTA has provided for a simplified procedure for the repayment of interest on arrears that is no longer owed and published a notice (004-DVS-2017-d - Rückforderung von Verzugszinsen beim Meldeverfahren bei der Verrechnungssteuer) on 1 February 2017, which defines the applicable cases and describes the procedure.
The relevant application form (Form 1 RVZ - Application for repayment of interest on arrears already paid), the FTA has published on its homepage on 15 February 2017 (link to the form area). Only this form is to be used for the recovery of interest on arrears. If additional information is required, an appropriate enclosure must be provided.
The forms of the FTA are provided in QDF format and can be opened and edited with the free software Snapform Viewer.