FTA - Wealth inequality in Switzerland did not increase in 2020
According to FTA estimates based on newly available data, the inequality of taxable assets in Switzerland remained largely unchanged in the Covid-19 year 2020. This marks the end of a long-term trend for the time being. Since the end of the financial crisis, the proportion of assets held by the top one percent of taxpayers has risen continuously.
FFA - Tax utilization of natural persons and legal entities increases slightly in 2024
For the first time, the tax utilization index distinguishes between natural persons and legal entities.
FTA - Circular no. 3: Applicable principles for agriculture and forestry updated
The Federal Tax Administration has updated circular no. 3 (W95-003D) "Applicable principles for agriculture and forestry based on the Federal Act of December 14, 1990 on Direct Federal Tax (DBG)".
FTA - Circular no. 26: Changes to self-employment
The Federal Tax Administration has updated circular no. 26 (W95-003D) "Innovations in self-employment due to the Corporate Tax Reform II of 06.02.2024 (Direct Federal Tax)".
FTA - Circular information sheets for withholding tax and overviews of double taxation agreements (as at 1.1.2024)
The Federal Tax Administration has updated the circular "Information sheets on withholding tax and overviews of double taxation agreements".
Tax-recognized interest rates 2024 for advances or loans in Swiss francs and foreign currencies
On 29/30 January 2024, the FTA published the circulars on the tax-recognized interest rates in Swiss francs and foreign currencies 2024.
Entry into force of amendments to laws and ordinances in tax law for the years 2024-2028
The Federal Tax Administration (FTA) updates the lists of changes in laws and ordinances relating to direct federal tax, value added tax, withholding tax and stamp duties.
Opening of the consultation procedure on the total revision of the Administrative Criminal Law Act (VStrR)
Administrative criminal law is to be modernized, made more efficient and aligned with the Criminal Procedure Code. At its meeting on January 31, 2024, the Federal Council opened the consultation on the total revision of the Administrative Criminal Law Act (VStrR).
Tax information dossier: FTA publishes article "Transfer pricing"
Together with the SSK, the FTA has prepared a new article "Transfer pricing" for the tax information dossier and published it on January 23, 2024.
FTA publishes final rulings on the FATCA agreement
On January 23, 2024, the Federal Tax Administration (FTA) announced the issuance of final rulings pursuant to Art. 5 para. 3 lit. b FATCA Agreement.
Cross-border commuter agreement with Italy: FTA publishes list of municipalities from 2024
On January 19, 2024, the FTA published the list of Italian municipalities within the meaning of Art. 2 of the cross-border commuter agreement with Italy, valid from January 1, 2024.
FTA publishes draft for VAT practice adjustment: security deposit
On January 16, 2024, the FTA published an initial draft of the VAT practice on its website.
Selected parliamentary business in the area of taxation at federal level (January 2024)
On January 11, 2024, the Federal Tax Administration (FTA) updated the selected parliamentary business in the area of taxation at federal level.
List of providers of recognised tied pension products (pillar 3a)
On 11 January 2024, the Federal Tax Administration published the circular "List of providers of recognized pension products for tied pension provision (pillar 3a), as at 31 December 2023".
List of surrenderable Pillar 3b endowment insurance policies published
On January 12, 2024, the Federal Tax Administration published the circular "List of surrenderable Pillar 3b endowment insurance policies as at December 31, 2023".
FTA - Imputed interest rate on the security equity
The imputed interest rate on the security equity corresponds to the yield on ten-year federal bonds on the last trading day of the calendar year preceding the beginning of the tax period in accordance with Article 25abis paragraph 4 first sentence StHG.
New billing forms with new VAT rates
The new VAT rates will apply from January 1, 2024. The standard rate is 8.1%, the reduced rate is 2.6% and the special rate for accommodation is 3.8%.
Memorandum of Understanding between Switzerland and Italy - List of municipalities
On December 22, 2023, the SIF reported that the list of Swiss and Italian municipalities whose territory lies wholly or partly within a 20 km zone on the border with the other contracting state was set out in a mutual agreement.
Introduction of the OECD/G20 minimum taxation on January 1, 2024
On December 22, 2023, the Federal Council decided to levy the supplementary tax in Switzerland from January 1, 2024.
Instructions for completing the salary statement or pension statement and questions and answers on the salary statement
The Federal Tax Administration has updated the "Instructions for completing the salary statement or pension certificate" and the "Questions and answers on the salary statement".
Tax folder 2023
The tax documentation team has published the "tax folders" for the 2023 tax period.
Value added tax law with changes from 2025
The Value Added Tax Act (VATA) will be amended due to the tax rate increase on January 1, 2024 and the partial revision that is expected to come into force on January 1, 2025.
Memorandum of Understanding on the DTA between Switzerland and Liechtenstein
The State Secretariat for International Financial Matters (SIF) has announced the conclusion of a new Memorandum of Understanding between Switzerland and Liechtenstein.
Encrypted sending of rulings via IncaMail
On December 19, 2023, the FTA amended Communication No. 11 of April 29, 2019 on the formal procedure for tax rulings.
Withholding tax according to DBA
The State Secretariat for International Financial Matters (SIF) has updated the overviews of the treaty limits on foreign taxes and the tax relief for Swiss dividends and interest.
