The National Council has adopted a motion which also provides for a half-yearly settlement of VAT for the effective settlement method.
On 12 June 2019, the National Council approved the motion by Lorenz Hess "Value added tax. Half-yearly settlement also assumed for the effective settlement method" (17.4126).
In accordance with the motion, the Federal Council is instructed to amend the Federal Law on Value Added Tax (MWSTG) - Article 35 Accounting Period - as follows: Within the tax period, the tax is settled: (a) usually semi-annually; (b) in the case of a regular input tax surplus: monthly at the request of the taxable person.
The parliamentary business with further information can be found here.
