FTA publishes final rulings dated 18 January 2022 on the FATCA agreement
On 18 January 2022, the Federal Tax Administration (FTA) notified the issuance of final rulings pursuant to Article 5 number 3 litera b FATCA Agreement.
FTA publishes drafts of the VAT practice statement: Hospitality services and private shares
The FTA posted the first drafts of the VAT practice on its website on 18 January 2022.
Annual Review on International Finance and Tax Issues
In its review, the State Secretariat for International Financial Matters (SIF) lists the most important events for Switzerland in the area of international financial and tax matters, such as the mutual agreement procedures carried out.
Tax relief for Brazil
On 13 January 2022, SIF published the overview of the effects of the agreement on tax relief for Brazil.
OECD Minimum Tax: Implementation with a Constitutional Amendment
On 13 January 2022, the Federal Council announced that it would like to implement the agreed minimum tax for certain companies with a constitutional amendment. A temporary ordinance is to ensure that this can come into force on 01 January 2024. Subsequently, the law will be enacted through the ordinary legislative process.
Proposals for the introduction of a Swiss trust
On behalf of Parliament (Motion 18.3383), the Federal Council proposes the introduction of a new legal institution in the Code of Obligations. On 12 January 2022, it opened the consultation regarding the introduction of a Swiss trust, which will last until 30 April 2022.
FTA holds out the prospect of a corrected 2022 withholding tax rate file for Vaud
On 12 January 2022, the Federal Tax Administration (FTA) announced the prospect of a corrected 2022 withholding tax file for Vaud, as the file already posted was incorrect.
Renaming of the Federal Customs Administration (FCA) to the Federal Office for Customs and Border Security (FCO)
The Federal Customs Administration (FCA) is now called the Federal Office of Customs and Border Security (FCO). This was announced by the authority in a corresponding media release.
FFA publishes Tax Utilisation Index 2022
The Federal Finance Administration (FFA) published the Tax Utilisation Index 2022 on 6 January 2022.
SIF updates the overviews of tax relief for France
On 06 January 2022, SIF updated the overview of the effects of the agreement on tax relief for France.
FTA announces imputed interest rate on security equity 2022
On 6 January 2022, the FTA announced that the imputed interest rate on the security capital pursuant to Art. 25abis para. 4 sentence 1 StHG, which corresponds to the yield on 10-year federal bonds on the last trading day of the calendar year preceding the start of the tax period, will continue to be 0% for the 2022 tax year due to the negative yield.
Selected parliamentary business in the tax area at federal level (January 2022)
The Federal Tax Administration (FTA) updated the selected parliamentary business in the tax area at federal level on 6 January 2022.
FTA updates withholding tax rates 2022
In January 2022, the Federal Tax Administration (FTA) published an update on the 2022 withholding tax rates and the corresponding rate files.
Updating of the publication "Tax folder" (January 2022)
The FTA has published a completely revised tax folder "Deduction for property costs".
Federal decree on the additional financing of the AHV through an increase in value-added tax
On 17 December 2021, the Federal Assembly adopted the federal decree on the additional financing of the AHV through an increase in value added tax.
FTA updates withholding tax rates 2022
In December 2021, the Federal Tax Administration (FTA) published various updates to the 2022 withholding tax rates and the corresponding rate files.
FTA media release on investing in the future: tax proposals as an overall concept to secure the attractiveness of a location
On 21 December 2021, the FTA announced that Switzerland must make great efforts to maintain its attractiveness as a business location.
Dossier on tax information "Cryptocurrency" published
The FTA has published a new article "Cryptocurrency" for the tax information dossier.
VAT: Tax exemption for Covid 19 test and Covid 19 vaccinations
On 29 December 2021, the FTA announced that the tax exemptions for Covid 19 tests and Covid 19 vaccinations (Art. 35 para. 2 lit. o and p VATO) will be extended until 31 December 2022.
FTA publishes tax folder for 2021
The Federal Tax Administration (FTA) posted the tax folders for the 2021 tax period on 29 December 2021.
FTA publishes material adjustments regarding publications on the VAT Act (20 December 2021)
On 20 December 2021, the FTA published material adjustments concerning the publications on the subject of pharmacists on the website.
Federal Council opens consultation on the automatic exchange of information with twelve other partner states
At its meeting on 3 December 2021, the Federal Council opened the consultation on the introduction of the automatic exchange of information on financial accounts (AEOI) with twelve additional states and territories.
FTA publishes various information on withholding tax 2022
On 13 October 2021, the Federal Tax Administration (FTA) published the documents "Information Points for Withholding Tax, Withdrawal Commissions and Church Tax 2022" and the "Overview of Withholding Tax Rates for Pension Benefits 2022".
FTA publishes updated working paper on cryptocurrencies and ICOs/ITOs
The FTA has updated its working paper on cryptocurrencies and initial coin/token offerings (ICOs/ITOs) as a subject of wealth, income and profit tax, withholding tax and stamp duties. It reflects the state of practice as of the end of 2020.
FTA publishes final rulings dated 16 December 2021 on the FATCA agreement
On 16 December 2021, the Federal Tax Administration (FTA) notified the issuance of final rulings pursuant to Article 5 number 3 litera b FATCA Agreement.
