- Switzerland is updating its VAT rules for e-commerce, effective January 1, 2025
- The new rules introduce the deemed supplier model for online platforms
- Currently, distance sellers are considered suppliers when using electronic platforms
- Low-value consignments exempt from import VAT if import VAT is less than CHF 5
- Foreign suppliers of low-value consignments must register for VAT if annual sales exceed CHF 100,000
- By 2025, e-commerce platforms may be deemed suppliers under certain conditions
- This includes being involved in the first and second delivery of goods
- Platforms must provide transaction information to the Swiss Federal Tax Administration
- Platforms not considered deemed suppliers if they only process payments or are not involved in the ordering process
- If deemed suppliers, platforms are responsible for collecting and remitting VAT on sales
Source: marosavat.com
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.
