Federal Council wants to make the taxation of life annuities more flexible
At its meeting on 24 November 2021, the Federal Council decided to flexibly adjust the taxation of life annuities to the investment conditions.
More than 400,000 companies registered with VAT
The statistics show a new record for the number of taxable persons registered in the VAT register.
Federal Councillor Ueli Maurer meets Russian Finance Minister Anton Siluanov
Federal Councillor Ueli Maurer met the Russian Finance Minister Anton Siluanov in Bern on 19 November 2021. One of the topics discussed was the revision of the existing double taxation agreement demanded by Russia.
FTA publishes final ruling on the FATCA agreement
On 19 November 2021, the Federal Tax Administration (FTA) notified the issuance of a final ruling pursuant to Art. 5 No. 3 lit. b FATCA Agreement.
Federal Council responds to various tax proposals
At its meeting on 17 November, the Federal Council responded to various tax proposals.
Switzerland and Armenia sign Protocol of Amendment to the Double Taxation Agreement
Switzerland and Armenia signed a Protocol of Amendment to the corresponding DTA on 12 November 2021. The protocol implements the minimum standards from the BEPS project in matters of double taxation agreements as well as the international standard in matters of information exchange.
Federal Council adopts dispatches on amendments to the DTAs with Japan and Northern Macedonia
The Dispatches on the Protocols of Amendment to the DTAs with Japan and Northern Macedonia were adopted by the Federal Council on 17 November 2021.
Uniform flat-rate tax deduction for all employed persons
At its meeting on 17 November 2021, the Federal Council instructed the FDF to draw up a bill concerning a uniform flat-rate tax deduction for all employed persons.
Updating the overview of the effects of the agreement (extent of relief) concerning various contracting states
The State Secretariat for International Financial Matters (SIF) has updated the overview of the effects of the agreement (extent of relief) concerning various signatory states.
FTA publishes adaptation of the document "Structure and record formats of withholding tax rates for import into payroll accounting systems (ERP systems)".
The FTA has published a selective adaptation of the document "Structure and record formats of withholding tax rates for import into payroll accounting systems (ERP systems)".
Federal Council enacts new legal basis for the implementation of international agreements in the tax area
On 10 November 2021, the Federal Council enacted the Federal Act on the Implementation of International Agreements in the Tax Area (FTAA) and the associated ordinance with effect from 1 January 2022.
The FTA has updated the statistics on the capital contribution principle (November 2021)
The Federal Tax Administration (FTA) has updated the statistics on the capital contribution principle (capital contributions, repayments and other changes) as of 30 September 2021.
FTA publishes tax statistics for individuals and legal entities 2018
On 8 November, the FTA published the 2018 tax statistics.
Entry into force of the double taxation agreement with Bahrain
On 05 November, SIF announced that the DTA between Switzerland and Bahrain had entered into force and that the provisions would apply from 01 January 2022.
Federal law on electronic procedures in the tax area enters into force in a staggered manner
The Federal Act on Electronic Procedures in Tax Matters regulates electronic procedures in all tax areas. For its implementation, the Federal Council decided in November on a staggered entry into force.
Federal Council rejects abolition of stamp duties on sustainable financial products
The Federal Council has approved the report entitled "Releasing the brakes on sustainable financial products". The report concludes that the abolition of stamp duties on sustainable financial products is not expedient.
FTA goes live with new website
The FTA launched its new website on 2 November 2021.
FTA publishes draft VAT practice statement: private share of business vehicles
On November 2, 2021, the FTA published a first draft of the VAT practice on its website.
Adaptation of the leaflet of the cantonal tax office on the taxation of banks and securities houses
The Zurich Cantonal Tax Office has published an updated leaflet on the taxation of banks and securities houses (ZStB No. 64.2).
Amendment of the directive on the taxation of capital benefits from pension plans and insurance for natural persons (ZH)
The Zurich Cantonal Tax Office has amended its directive on the taxation of lump-sum benefits from pension plans and insurance for natural persons (§§ 22, 37 StG) (ZStB No. 22.1).
Adjustment regarding the lump-sum payment of professional expenses and the instruction of income in kind from the use of a company car for private journeys (ZH)
According to the amended Federal Ordinance on Professional Expenses, which will come into force on January 1, 2022, the previous flat rate for the private use of business vehicles for direct federal tax purposes will be increased from 0.8% to 0.9% of the vehicle purchase price per month.
FTA publishes maximum pillar 3a deductions
In 2022, the tax deduction within the scope of the tied personal pension provision (pillar 3a) amounts to CHF 6,883 for taxpayers with a 2nd pillar and CHF 34,416 for taxpayers without a 2nd pillar. The maximum deductions are also the relevant deposit limits.
Federal Council adopts report on relations with Italy in the financial and tax area
At its meeting on 27 October 2021, the Federal Council adopted the report on relations with Italy in the financial and tax area.
FTA publishes "Taxation of imputed rental value" tax folder
On October 21, 2021, the FTA published a new tax folder and updated the relevant information.
FTA publishes final rulings on the FATCA agreement
On 22 October 2021, the Federal Tax Administration (FTA) notified the issuance of final rulings pursuant to Art. 5 No. 3 lit. b FATCA Agreement.
