OECD publishes key points on the future taxation of the digitalised economy (Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy)
On 8 October 2021, the OECD published the "Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalization of the Economy". The document sets out the key parameters for the future taxation of the digitalized economy on the basis of two pillars.
FTA publishes drafts of the VAT practice statement: trusts and foundations; pharmacists
On October 5, 2021, the FTA published the first drafts of the VAT practice on its website.
FTA publishes Code of Conduct Taxes 2021
On 5 October 2021, the FTA published a code of conduct on mutual dealings in the area of taxes.
Council of States agrees on bill to abolish imputed rental value
On 21 September 2021, the Council of States, as the first Council, approved the bill.
Federal Council presents an overview of individual taxation
At its meeting on September 24, 2021, the Federal Council approved the draft ordinance on individual taxation.
Federal Council adopts dispatch on amendment of the Value Added Tax Act
At its meeting on 24 September 2021, the Federal Council adopted the dispatch on the amendment of the Value Added Tax Act.
Canton of Zurich - Use of the current tax value from the 2021 tax period for unlisted securities
From the 2021 tax period, the current tax value will be used as the asset tax value of unlisted securities (previously tax value of the previous year).
Memorandum of Understanding between Switzerland and France
On September 23, 2021, the SIF announced that the provisional mutual agreement of May 13, 2020 between Switzerland and France on the taxation of cross-border commuters working from home as a result of measures to combat COVID-19 will remain in force until December 31, 2021.
Councils decide on higher tax deduction for children in external care
On 16 September 2021, the Council of States approved the bill. In future, parents will be able to deduct up to CHF 25,000 from direct federal tax for childcare costs.
Dossier Tax Information "Subjective Tax Liability" updated
The article "Subjective tax liability" was updated on 10 September 2021. It explains the differences between unlimited and limited tax liability of legal entities and individuals at cantonal and federal level.
Consultation agreement between Switzerland and Germany
On September 7, 2021, the SIF announced that the consultation agreement of June 11, 2020 between Switzerland and Germany regarding the taxation of cross-border employees during the COVID-19 pandemic will not be terminated until at least December 31, 2021.
Federal Councillor Alain Berset signs social security agreement with UK
On 9 and 10 September 2021, Federal Councillor Alain Berset was in London to sign the new social security agreement between Switzerland and the United Kingdom.
FTA publishes notice on liquidation of collective investment schemes (investment funds)
In its communication dated 30 August 2021, the FTA provided information on the procedure for liquidating collective investment schemes (investment funds).
Canton of Zurich: Updated decrees and practical advice on the deductibility of solar installations
The Zurich Cantonal Tax Office has published a practice note on the deductibility of costs for the installation of photovoltaic systems after a new building (or equivalent total renovation). In addition, further enactments have been updated in the Zurich Tax Book.
Zurich Government Council proposes unchanged tax rate for the years 2022/2023
According to a media release of 27 August 2021 on the draft budget of the Canton of Zurich for 2022, the cantonal deficit is reduced by CHF 215 million compared to the 2021 budget. This is due, among other things, to a higher profit distribution from the Swiss National Bank.
Federal Council supports abolition of imputed rental value
The Federal Council is asking Parliament to approve the proposal of the Council of States' Committee for Economic Affairs and Taxation (WAK-S), which proposes a change to the home ownership taxation system. At the same time, it is proposing amendments to key parameters.
Recognised data suppliers (for the turnover tax) as of 1 July 2021 according to the FTA
The FTA informs about the data providers recognised for the turnover tax as of 1 July 2021.
FTA publishes drafts of the VAT practice statement: Electronic billing
The FTA posted the first drafts of the VAT practice on its website on 20 August 2021.
WAK of the National Council narrowly approves parliamentary initiative 21.424 "Deduct maintenance contributions also for over 18-year-olds
In its press release of 18 August 2021, the WAK of the National Council informed about the narrow approval of the parliamentary initiative 21.424 "Deduct maintenance contributions also for over 18-year-olds".
WAK of the National Council finally stops work on draft 3 of parliamentary initiative 09.503 "Abolish stamp duty and create jobs".
According to a media release by the WAK of the National Council, work on the draft, which was sent out for consultation in 2020 and provided for the abolition of the turnover tax on foreign securities and the tax on property and asset insurance, will be discontinued in favour of other dossiers such as the withholding tax reform or the abolition of the issue tax on equity capital.
WAK of the National Council supports the draft of the withholding tax reform by a large majority
In its media release of 18 August 2021, the WAK of the National Council provided information on the withholding tax reform bill.
Federal Council adopts dispatch on social security agreement with Tunisia
On 18 August 2021, the Federal Council referred the Dispatch on the approval of the Agreement on Social Security between Switzerland and Tunisia to Parliament.
FTA publishes material adjustments regarding publications on the VAT Act (13 August 2021)
On 13 August 2021, the Federal Tax Administration (FTA) made material adjustments regarding publications on the Value Added Tax Act in the areas of the supply of meals and subsidies.
Application of the most-favoured-nation clause according to the protocol of the double taxation agreement between Switzerland and India
In its communication of 13 August 2021, the State Secretariat for International Financial Matters (SIF) provides information on the changes to dividend taxation due to the application of the most-favoured-nation clause in the DTA CH-IN.
FTA publishes circular concerning professional expense allowances and remuneration in kind 2022
On 13 August 2021, the Federal Tax Administration (FTA) published the circular "Professional expenses lump sums and remuneration in kind 2022 / Compensation for the consequences of the cold progression in direct federal tax for the tax year 2022".
