- Swiss Federal Tax Administration issued VAT guidance on flat tax rates.
- Guidance explains the flat rate tax method (PSS method) and its legal basis.
- Information on who can use the PSS method, including sales of operating resources, fixed assets, and capitalized services.
- Information for newly taxable persons on when to begin applying the PSS method.
- Exemption for travel and related services provided by travel agencies.
- Reporting procedures, settlement of the acquisition tax, and allocation of PSS.
- Appendix with flat rate tax rates and detailed instructions on billing and tax payment.
Source: news.bloombergtax.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.
