VATupdate
VAT

Share this post on

Switzerland Updates Balance Tax Rates and Guidance

  • Guidance on balance tax rates posted online
  • Rates for motor vehicle, financial, sports, and other industries
  • Exemption for travel services
  • Annual accounting period for billing with balance tax rates starting January 1, 2025
  • Changes to platform taxation
  • Explanation of SSS method for billing, input tax, corrections, and declarations
  • Transitional provisions for deadlines and electronic procedures for balance tax rate method

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.

Sponsors:

Pincvision
VAT news
VATIT Compliance

Advertisements:

  • VATAi