FTA publishes material amendments regarding publications on the VAT Act (June 12, 2018)
On June 12, 2018, the Federal Tax Administration (FTA) published material amendments regarding the publications on the partial revision of the Value Added Tax Act (VATA).
DTA with Pakistan adopted in the final parliamentary vote
Both parliamentary chambers (National Council and Council of States) have approved the double taxation agreement (DTA) with Pakistan in the final vote.
Council of States approves the draft on tax bill 17 (SV 17)
The Council of States approves the draft and the adjustments to tax bill 17 (SV 17) proposed by the Committee for Economic Affairs and Taxes of the Council of States (WAK-S) (see our contribution of 27 May 2018).
First fully digital service of the ESTV (ESTV SuisseTax)
Certificates of registration and entrepreneurial certificates concerning value added tax (VAT) can now be ordered online via ESTV SuisseTax.
Recommendation of the Advisory Council Future of the Swiss Financial Center for a reform of the withholding tax
The Advisory Council on the Future of the Swiss Financial Centre informed the Federal Council at its meeting on 8 June 2018 of its recommendations for a reform of the withholding tax.
SIF publishes Memorandum of Understanding on the DTA between Switzerland and Argentina
On May 28, 2018, the State Secretariat for International Financial Matters (SIF) published a Memorandum of Understanding (MoU) on the Agreement between the Swiss Confederation and the Republic of Argentina for the avoidance of double taxation with respect to taxes on income and capital (DTA Switzerland-Argentina).
National Council adopts DTA with Kosovo
The National Council adopted a double taxation agreement (DTA) with Kosovo in its meeting on May 29, 2018.
The National Council approves changes to the conditions for the reimbursement of withholding taxes and proposes adjustments in this regard
In its session of 29 May 2018, the National Council approved an amendment to the VStG proposed by the Federal Council concerning the conditions for the refund of withholding taxes.
National Council adopts DTA with Pakistan
The National Council adopted a double taxation agreement (DTA) with Pakistan in its meeting on May 29, 2018.
National Council rejects motion on strengthening individual legal protection in connection with the AEOI
After the Council of States had still adopted a motion on strengthening individual legal protection in connection with the automatic exchange of information (AIA) on financial accounts (see our contribution of 9 December 2017), the National Council rejected the motion in its session of 29 May 2018.
Dossier Tax Information "The applicable taxes of the Confederation, cantons and municipalities
On 30 May 2018, the article "The applicable taxes of the Confederation, the cantons and the municipalities" from the tax dossier of the Federal Tax Administration (FTA) was updated.
Elimination of the excessive administrative burden on business vehicle owners (Fabi)
At its meeting on 29 May 2018, the National Council approved a motion by the Commission for Transport and Telecommunications of the Council of States (KVF-SR), according to which the Federal Council should be mandated to propose the necessary legal changes to ensure that a portion of the income from the use of a company car for commuting is also compensated at the administrative level and that the deduction of travel costs for these taxpayers is excluded. The flat rate of currently 9.6% of the vehicle purchase price can be increased moderately for this purpose.
Adjustments to the price lists regarding the direct federal tax 2017 and 2018
On 20 May 2018, the FTA published various adjustments to the price lists (ICTax) with regard to direct federal tax.
Commission for Economic Affairs and Taxation of the Council of States adopts adjustments to tax bill 17
At its meeting on 24 May 2018, the Commission for Economic Affairs and Taxes of the Council of States (WAK-S) adopts the overall concept for tax bill 17 (cf. our contribution of 16 May 2018), which has already been presented, by 11 votes to 1 and concludes the detailed consultation.
VAT: Publication of the draft practice definitions of the VAT Main Division (May 24, 2018)
On May 24, 2018, the Federal Tax Administration (FTA) published a new and a second draft of the VAT practice (revMWSTG).
FTA publishes material amendments concerning publications on the VAT Act (22 May 2018)
On 22 May 2018, the Swiss Federal Tax Administration (FTA) published material amendments concerning the publications on the partial revision of the Value Added Tax Act (VAT Act).
2017 activity report of the FTA published
The Federal Tax Administration (FTA) published its 2017 activity report on May 14, 2018.
Adjustments to the exchange rate lists regarding the direct federal tax 2016, 2017 and 2018
On 17 May 2018, the Swiss Federal Tax Administration (FTA) published various adjustments to the share price lists (ICTax) regarding direct federal tax.
Commission for Economic Affairs and Taxation of the Council of States presents overall concept for tax bill 17
At its meeting on 15 May 2018, the Committee for Economic Affairs and Taxes of the Council of States (WAK-SR) advocated an overall concept with four central elements for tax bill 17 (SV 17).
Dossier tax information "Filling in a tax return
On 11 May 2018, the article "Filling out a tax return" from the tax file of the Federal Tax Administration (FTA) was updated.
Federal Council adopts dispatch on automatic exchange of information with Singapore, Hong Kong and other financial centers (e.g. Panama)
At its meeting on 9 May 2018, the Federal Council adopted the dispatch on the approval of the agreements on the automatic exchange of information on financial accounts (AIA) with Singapore and Hong Kong.
Federal Council wants to increase tax deductions for third-party childcare
On May 9, 2018, the Federal Council decided that tax deductions for external childcare should be increased. The dispatch was submitted to Parliament.
FTA publishes a supplement concerning the legislative and regulatory projects 2019-2021
On 10 May 2018, the Federal Tax Administration (FTA) published a supplement to update the lists of amendments to laws and ordinances.
FTA for the first time transmits information on preliminary tax assessments to partner states
For the first time, the Federal Tax Administration (FTA) has transmitted information on tax rulings to the partner states of the spontaneous exchange of information (SIA).
DTA signed with Brazil
Switzerland and Brazil signed a double taxation agreement (DTA) in the area of income taxes on 3 May 2018.
