- Switzerland’s Federal Tax Administration will enforce new rules from January 1, 2025
- Digital platforms like Amazon will need to charge, collect, and remit VAT on sales of low value imported goods by non-resident suppliers
- Currently, imports up to CHF 65 are VAT-free
- Sellers with sales over CHF 100,000 must register for VAT and charge it on sales within Switzerland
- The current system is vulnerable to VAT fraud due to non-compliance by many non-resident companies
- The new rules will not apply to the sale of digital services
Source: fiscalsolutions.co.uk
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.
