Enactment of the Ordinance on the Delegation to the Federal Department of Finance of the Authority to Amend the Annexes to the Swiss-Liechtenstein Agreement on Value Added Tax
The Federal Council on 21 June 2023 adopted the Ordinance on the Transfer of Authority to Amend the Annexes to the Swiss-Liechtenstein Agreement on Value Added Tax to the Federal Department of Finance.
FTA publishes drafts of the VAT practice statement: Domiciliary companies
The FTA posted initial drafts of the VAT practice on its website on June 20, 2023.
Federal Council puts into force the amendment to the VAT Ordinance on electronic procedures
According to the Federal Council's media release of June 16, 2023, the amendment to the VAT Ordinance on Electronic Procedures is scheduled to enter into force on January 1, 2024.
Federal Council to introduce e-vignette on August 1, 2023
According to the Federal Council's media release of June 15, 2023, the electronic vignette (e-vignette) will be introduced in a dual system in addition to the adhesive vignette on August 1, 2023.
FTA publishes declaration instructions for the new VAT rates
On June 16, 2023, the Federal Tax Administration (FTA) published declaration guidance for the new VAT rates that will apply beginning January 1, 2024.
Dossier Tax Information: Update of the article "Cold progression
On June 13, 2023, the FTA updated the article "Cold Progression" from the Tax Information Dossier.
FTA publishes notifications of receipt of FATCA group requests
On June 13, 2023, the Federal Tax Administration (FTA) published notices of receipt of FATCA group requests pursuant to Article 12(1) of the FATCA Law.
Updating the overview of the effects of the agreement (extent of relief) concerning various contracting states
The Federal Tax Administration (FTA) has updated the overview of the effects of the agreement (extent of relief) concerning various contracting states.
Federal Council opens consultation on taxation of home office abroad
On June 9, 2023, the Federal Council submitted a revision of national tax law for consultation, according to which earned income from the home office abroad should be taxable in Switzerland, provided that the right of taxation is assigned to Switzerland by treaty.
FTA publishes final rulings on FATCA group requests
On June 7, 2023, the Swiss Federal Tax Administration (FTA) published the issuance of final rulings pursuant to Art. 5 No. 3 lit. b FATCA Agreement.
FTA publishes notifications of receipt and final rulings on FATCA group requests
On May 31, 2023, the Federal Tax Administration (FTA) published notices of receipt of FATCA group requests pursuant to Art. 12(1) FATCA Act and the issuance of final rulings pursuant to Art. 5(3)(b) FATCA Agreement.
Entry into force of the Protocol of Amendment to the DTA with Armenia
According to SIF's notification, the Protocol of Amendment to the DTA with Armenia entered into force on May 2, 2023. Most of the amendments are applicable as of January 1, 2024.
Switzerland and Slovenia sign Protocol of Amendment to DTA
On May 30, 2023, Switzerland and Slovenia signed an amendment protocol to the DTA. The protocol contains an abuse provision in the form of a PPT clause.
FTA updates the "Current taxes" dossier
The "Applicable taxes" file was updated on May 25, 2023.
Federal Council specifies implementation of OECD/G20 minimum taxation
The OECD/G20 minimum taxation for large internationally active corporate groups is to be implemented in Switzerland with a supplementary tax. The Swiss electorate will vote on this on June 18, 2023. If this is approved, the Federal Council can introduce the supplementary tax temporarily with an ordinance. At its meeting on May 24, 2023, the Federal Council opened the second consultation on this ordinance.
Selected parliamentary business in the tax area at the federal level (May 2023).
The Federal Tax Administration (FTA) updated the selected parliamentary business in the tax area at the federal level on May 19, 2023.
Federal Council adopts dispatch on the amendment of the double taxation agreement with the United Arab Emirates
On May 4, 2022, the Federal Council adopted the Dispatch on the Protocol of Amendment to the DTA with UAE.
Denomination of capital in functional foreign currency: conversion rates for profit and capital tax purposes
On May 11, 2023, the FTA announced that when denominating share capital or capital stock in British pounds, euros, U.S. dollars or yen, the foreign exchange rates (sale) of the FCA are to be used for the conversion into Swiss francs.
FTA publishes legislative and ordinance amendments 2024-2027
The FTA has updated the lists of legislative and ordinance amendments in the area of direct federal tax, value added tax, withholding tax and stamp duties. The list contains amendments to enactments in tax and duty law in which the FTA is significantly involved or for whose implementation it is responsible.
Dossier on tax information "Personal income tax" updated
On May 12, 2023, the "Individual Income Tax" dossier was updated from the Tax Information dossier of the Federal Tax Administration (FTA).
FTA publishes final rulings on the FATCA agreement
On May 9, 2023, the Federal Tax Administration (FTA) notified the issuance of final rulings pursuant to Art. 5 No. 3 lit. b FATCA Agreement.
FTA publishes new tax folders on professional expenses
On May 4 and 9, 2023, the Federal Tax Administration (FTA) published the new tax folders "Lump-sum deduction for additional costs for meals" and "Deductions for weekly stays away from home". They provide an overview of the regulations at the federal and cantonal levels.
FTA publishes updated Q&A on the salary statement
On May 12, 2023, the Federal Tax Administration (FTA) published the updated FAQ for completing the wage statement, effective May 1, 2023.
VAT: FTA publishes draft on practice adjustment regarding accounting and invoicing
On May 3, 2023, the FTA posted a draft VAT practice regarding accounting and invoicing on its website.
Federal fiscal revenues 2022
On April 27, 2023, the FTA released the 2022 federal fiscal revenue and legislative chronological trends.
