- Upcoming partial revision of the Swiss VAT Law will come into force on January 1, 2025
- Changes related to government, public services, and non-governmental organizations are discussed
- New definition of subsidy added in the law
- Public authorities must explicitly indicate if funds provided constitute a subsidy or other contribution under public law
- Subsidies and other public law contributions are not subject to VAT
- Extension of the scope of VAT exempt without credit supplies
- Non-profit institutions can now loan staff for social, educational, charitable, or community work without creating a VAT cost
Source: blogs.deloitte.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.
