- Value added tax (VAT) and real estate are complex topics in consulting
- Three possible ways to transfer real estate for VAT purposes: 1. Exempt from VAT according to Art. 21 Abs. 2 Ziff. 20 MWSTG 2. Voluntarily taxed under Art. 22 Abs. 1 MWSTG 3. Using the notification procedure under Art. 38 MWSTG i.V.m. Art. 104 MWSTV
- Selling real estate as an exempt supply means no VAT is triggered, but seller cannot claim input tax
- Example provided with a company selling a property and having to correct input tax due to change in use
- Buyer takes over the property after the sale
Source: primetax.ch
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
