FTA publishes material adjustments regarding publications on the VAT Act (19 February 2021)
The Federal Tax Administration (FTA) posted material adjustments to the Value Added Tax Act (VAT Act) on February 19, 2021.
FTA publishes circulars Leaflets on withholding tax and DTA overviews
On 15 February 2021, the Federal Tax Administration (FTA) published fact sheets on withholding tax and overviews of double taxation agreements.
Canton Zurich examines property values
According to a media release dated 11 February 2021, the Finance Directorate of the Canton of Zurich is having the development of property values in the Canton of Zurich thoroughly clarified.
FTA publishes drafts on the practice definition VAT: Covid-19 and on tax succession / liability
The Federal Tax Administration (FTA) published initial draft practice determinations in the Consultative Panel on February 2, 2021.
The FTA has updated the statistics on the capital contribution principle (December 2020)
The Federal Tax Administration (FTA) has updated the statistics on the capital contribution principle (capital contributions, repayments and other changes) as of 31 December 2020.
Canton of residence responsible in future for withholding tax on heirs
An amendment to the Ordinance on Withholding Tax is due to come into force on 1 January 2022, under which the heirs of an inheritance that has not yet been distributed will be able to reclaim withholding tax on inheritance income in their canton of residence (previously: last canton of residence of the deceased).
Expert group formulates tax fields of action
The group of experts on Switzerland as a tax location, which is made up of various representatives of the Confederation, the cantons and the business community, has formulated 16 fields of action in which it sees potential for tax improvements in Switzerland.
Canton of Zurich - The tax office has published information sheets on withholding tax in the Zurich tax booklet
On the occasion of the withholding tax revision coming into force at the beginning of 2021, the Cantonal Tax Office Zurich has adapted or newly issued various information sheets.
Canton of Zurich - Tax return 2020 now completely online
The 2020 online tax return for individuals can now be submitted without a signature and all supporting documents can be uploaded.
FTA publishes FATCA final rulings
On 29 January 2021, the Federal Tax Administration (FTA) notified the issuance of final rulings pursuant to Art. 5 para. 3 lit. b FATCA Agreement.
Tax-approved interest rates 2021 for advances or loans in Swiss francs and foreign currencies
The Swiss Federal Tax Administration (FTA) has published the tax-approved interest rates for advances or loans in Swiss francs and foreign currencies for 2021.
Technical information "Withholding tax according to DBA" has been updated
The FTA has updated the overviews of the countries with which the agreements contain abuse provisions, concerning tax relief for Swiss dividends and interest as well as treaty limitations on foreign taxes.
FTA updates the publication "Tax burden in an international comparison".
On 22 January 2021, the Federal Tax Administration (FTA) updated the publication "Tax burden in international comparison" and made the 2020 version available.
FTA publishes notice on the taxation of non-cash expenses for collective investment schemes
Based on various ruling requests, the FTA sets out when a non-cash contribution in the form of taxable deeds exists and thus fleshes out Circular No. 24.
FTA updates guidance on the standard for AEOI in tax matters
The FTA has updated the guidance on the standard for the automatic exchange of information in tax matters.
FTA updates dossier on tax information "Military service levy
On January 14, 2021, the FTA updated the article "Military Service Tax" from the Tax Information file.
Selected parliamentary business in the tax area at the federal level (January 2021)
The Federal Tax Administration has updated the selected parliamentary business in the federal tax area as of January 7, 2021.
"VAT statement easy" is online
The "VAT statement easy" application is online and replaces the previous VAT statement on paper and supplements the existing online statement on the FTA SuisseTax portal.
Circulars No. 9 and No. 16 of the FTA repealed
Circular No. 16 concerning "Inadmissibility of the tax deduction of bribes" and concerning "Evidence of business-related expenses in foreign-foreign transactions" were both repealed and replaced by Circular No. 50.
Publication on VAT statistics
In a series of publications, the FTA presents statistical results on VAT, in particular on taxable and non-taxable turnover, taxable persons and tax revenues.
Default and refund interest for value added tax from 1 January 2021
Due to the coronavirus measures, between 20 March 2020 and 31 December 2020, the default interest rate for all VAT receivables was 0%, including those that arose before 20 March 2020.
New cross-border commuter agreement between Switzerland and Italy of 23 December 2020
On 23 December 2020, Switzerland and Italy signed a new agreement on cross-border commuters, which replaces the current agreement of 1974 and now applies reciprocally.
Switzerland and Germany adjust the VAT compensation of Büsingen
Switzerland and Germany have adjusted the value added tax (VAT) compensation for the German municipality of Büsingen, which is part of the Swiss customs territory.
Simple companies will be exempt from the business radio and television levy from 1 January 2021
Parliament has decided to exempt ordinary companies from the tax on radio and television. This exemption will apply from 1 January 2021, provided that no referendum is held. The dispatch of invoices to simple partnerships for the 2021 levy period is therefore suspended.
FTA publishes new form salary statement or pension statement for the declaration 2020
The Federal Tax Administration (FTA), in collaboration with the Swiss Tax Conference (SSK) and in consultation with representatives of the business community, has made formal changes to the salary statement and pension certificate form.
