FTA publishes notifications of receipt and final rulings on the FATCA agreement
On November 21, 2023, the Federal Tax Administration (FTA) announced the receipt of group requests pursuant to Art. 12 para. 1 FATCA Agreement and the issuance of final rulings pursuant to Art. 5 para. 3 lit. b FATCA Agreement.
Entry into force of the Protocol of Amendment to the DTA with Tajikistan
According to the SIF communication, the protocol of amendment to the DTA with Tajikistan entered into force on November 2, 2023 and is in principle applicable from this date.
Federal Council adopts dispatch on the amendment of the DTA with Slovenia
On November 22, 2023, the Federal Council adopted the dispatch on the amendment of the DTA with Slovenia.
Federal Council adopts dispatch on supplementary agreement to DTA with France
On November 22, 2023, the Federal Council adopted the dispatch on the approval and implementation of a supplementary agreement to the DTA with France, which in particular regulates the taxation of cross-border teleworking of up to 40% of working hours per year.
Report on reform options for capital and wealth tax
On November 22, 2023, the Federal Council adopted a report concluding that the disadvantages of a capital and wealth tax could be mitigated by shifting tax revenue from wealth and capital tax to income-based taxes.
FTA publishes tax statistics for natural persons and legal entities 2020
The FTA published the 2020 tax statistics on November 16, 2023.
The international automatic exchange of information is to include crypto assets in future
In a joint declaration, around 50 countries, including Switzerland, have committed to the extended international automatic exchange of information in tax matters (AEOI). The extension concerns crypto assets and is to apply from January 1, 2026. The Federal Department of Finance (FDF) will prepare a consultation draft for the implementation of the extended AEOI by the end of June 2024.
Switzerland and Italy agree on permanent tax rules for working from home
On November 10, 2023, Federal Councillor Karin Keller-Sutter and the Italian Minister of Finance and Economy signed a declaration that permanently regulates the issue of taxation of home offices for cross-border commuters.
Federal Council decides to abolish tax exemption on electric vehicles
Electric cars will be subject to automobile tax from January 1, 2024. At its meeting on November 8, 2023, the Federal Council took note of the results of the consultation and approved the amendment to the Automobile Tax Ordinance.
FTA publishes note on the distribution effect of a reform of imputed rental value taxation
In a note dated October 31, 2023, the Federal Tax Administration (FTA) analyzed how a reform of residential property taxation could affect those affected.
Federal Council favors inclusion of taxes in the minimum subsistence level
In a report dated November 1, 2023, the Federal Council generally supports taking taxes into account when calculating the minimum subsistence level under debt enforcement law. However, the new regulation of the calculation should ensure the settlement of tax claims and protect the claims of persons entitled to maintenance under family law.
Consultation opened on the partial revision of the VAT Ordinance
At its meeting on October 25, 2023, the Federal Council opened the consultation on the partial revision of the Value Added Tax Ordinance (VATO).
Review of VAT balance tax rates - consultation with industry associations
The FTA has reviewed the balance tax rates of all industries and activities contained in the corresponding ordinance (SR 641.202.62). Based on Article 37 paragraph 3 of the VAT Act, it has invited the affected industry associations to comment by e-mail as of 20 October 2023.
Dossier Tax Information: Update of the article "Cryptocurrency
On October 19, 2023, the FTA updated the article "Cryptocurrency" from the Tax Information Dossier.
FTA publishes notifications of receipt and final rulings on the FATCA agreement
On October 17, 2023, the Federal Tax Administration (FTA) notified the issuance of final rulings pursuant to Art. 5 No. 3 lit. b FATCA Agreement and the receipt of group requests pursuant to Art. 12 No. 1 FATCA Agreement.
FTA publishes circular "Withholding Tax Rates 2023
The Swiss Federal Tax Administration (FTA) has published the circular "Withholding Tax Rates 2023".
FTA publishes draft amendments to VAT practice: retail trade and portal obligation
On October 16, 2023, the FTA posted new drafts on VAT practice on the topics of retail trade and portal obligation on its website.
FTA publishes completely revised tax folder on real estate gains tax.
On October 16, 2023, the Federal Tax Administration (FTA) launched the completely revised tax folder "Taxation of Real Estate Gains, Tax Jurisdiction and Calculation of Real Estate Gains Tax". This provides overviews of the regulations at the federal and cantonal levels.
Maximum Pillar 3a deductions in the 2024 tax year
The tax deduction within the scope of tied personal pension provision (pillar 3a) remains unchanged for the 2024 tax year.
Selected parliamentary business in the tax area at the federal level (October 2023).
The Federal Tax Administration (FTA) updated the selected parliamentary business in the tax area at the federal level on October 12, 2023.
OECD/G20 Inclusive Framework Publishes New Multilateral Agreement to Address the Tax Challenges of Globalization and Digitalization
The OECD/G20 Inclusive Framework published a new multilateral agreement to address the fiscal challenges of globalization and digitization on October 11, 2023.
Exchange of information with 104 countries on around 3.6 million financial accounts
According to the Federal Tax Administration's (FTA) media release dated October 9, 2023, the FTA has exchanged information on financial accounts with 104 countries. The exchange takes place within the framework of the global standard on the automatic exchange of information (AEOI).
Referendum deadline for partially revised VAT Act has passed unused
The referendum period for the partially revised Value Added Tax Act expired unused on October 5, 2023.
Review of tax relief in the Group delayed
According to the FDF, it is important to wait with the implementation of the referred motion 18.3718 (calculation of the participation deduction) due to the changed initial situation with the OECD minimum tax.
Switzerland and Serbia sign Protocol of Amendment to Double Taxation Agreement
On September 19, 2023, Switzerland and Serbia signed a Protocol of Amendment to the DTA, which implements the minimum standards in double taxation treaty matters.
