Selected parliamentary business in the tax area at federal level (June 2022)
The Federal Tax Administration (FTA) updated the selected parliamentary business in the tax area at federal level on 2 June 2022.
Federal Council adopts benchmarks for individual taxation
At its meeting on 25 May 2022, the Federal Council adopted the key values for individual taxation.
Federal Council approves report on review mechanism for standard-compliant implementation of AEOI 2022
At its meeting on 25 May 2022, the Federal Council approved the report "Audit mechanism to ensure standard-compliant implementation of the automatic exchange of information on financial accounts with partner states with a view to the exchange of data in 2022" to the WAK of both Councils.
Date for referendum on the revision of the Withholding Tax Act
The Federal Council has set the date for the referendum on the amendment of 17 December 2021 to the Federal Act on Withholding Tax (Withholding Tax Act, ITA) (strengthening the debt capital market) for 25 September.
FTA publishes legislative and ordinance amendments 2023-2025
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.
Federal Council adopts dispatch on AEOI with 12 other partner states
At its meeting on 18 May 2022, the Federal Council adopted the dispatch on the introduction of AEOI with 12 other partner states.
SIF updates the overview of tax relief for Mexico
On 17 May 2022, SIF updated the overview of the effects of the agreement (extent of relief) concerning Mexico.
FTA publishes final ruling on the FATCA agreement
On 12 May 2022, the Federal Tax Administration (FTA) notified the issuance of a final ruling pursuant to Art. 5 No. 3 lit. b FATCA Agreement.
Maritime shipping companies should be able to be taxed on the basis of tonnage
On 4 May 2022, the Federal Council adopted the dispatch on the Federal Tonnage Tax Act.
Withholding tax: Changes to the reporting procedure in the group
The participation quota above which the notification procedure for withholding tax is permissible in the group (currently 20%) is to be reduced to 10%. In addition, the notification procedure should in future be possible not only for corporations or cooperatives, but for all legal entities that hold a qualifying participation. Furthermore, the authorisation to be obtained in international circumstances will be valid for five years instead of three.
Federal Council adopts dispatch on the amendment of the double taxation agreement with Armenia
The Federal Council adopted the dispatch on the Protocol of Amendment to the DTA on 4 May 2022.
VAT: Publication of the drafts of the practical specifications of the VAT Department
The FTA posted the first drafts of the VAT practice on its website on 29 April 2022.
FTA publishes substantive amendments concerning publications on the VAT Act
The FTA published material adjustments concerning trust publications on the website on 28 April 2022.
Corporate levy for radio and television: Activity Report and Annual Accounts 2021
The FTA, as the collection agency for the business levy for radio and television, published the activity report and annual financial statement for the year 2021 on 28 April 2022.
Federal fiscal revenues 2021
The FTA published the statistics on federal fiscal revenues on 25 April 2022.
FTA publishes final rulings on the FATCA agreement
On 25 April 2022, the Federal Tax Administration (FTA) notified the issuance of final rulings pursuant to Art. 5 No. 3 lit. b FATCA Agreement.
Canton of Zurich - Refund of withholding tax on undistributed inheritances
From 1 January 2022, taxpayers in the canton of Zurich will claim back their pro rata withholding tax on undistributed inheritances in their canton of residence.
FTA publishes tax folder Tax relief for newly opened companies of legal entities
On 21 April 2022, the FTA published a new tax folder on the topic of "Tax relief for newly opened companies of legal entities".
Mutual agreement between Switzerland and Germany
On 12 April 2022, SIF notified the conclusion of a mutual agreement dated 11 April 2022 to repeal the mutual agreement on the effects of measures to combat Covid-19 under the Switzerland-Germany DTA.
FTA publishes activity report 2021
The FTA published the 2021 activity report on 12 April 2022.
Tax relief for various countries
On 11 and 14 April 2022, SIF updated the overview of the effects of the agreement (extent of relief) for various countries.
FTA publishes draft VAT practice statement: Supply of methadone and heroin
The FTA posted a first draft of the VAT practice on its website on 4 April 2022.
Selected parliamentary business in the tax area at federal level (April 2022)
The Federal Tax Administration (FTA) updated the selected parliamentary business in the tax area at federal level on 1 April 2022.
Working visit by Federal Councillor Ueli Maurer to his German counterpart
Federal Councillor Ueli Maurer met the German Finance Minister Christian Lindner for a working visit on 28 March 2022. The exchange concerned, among other things, the OECD/G20 project on the taxation of the digital economy.
Adjustment of the private share in the car costs in the leaflets N1/2007 and NL1/2007
On 22 March 2022, the FTA amended the information sheets N1/2007 and NL1/2007, as Art. 5a para. 2 of the Federal Ordinance on Professional Costs came into force on 01 January 2022, which now provides for a higher flat-rate travel cost deduction of 0.9% of the purchase price of the vehicle as monthly income.
