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Proposed Amendments to Swiss VAT Act will Result in Greater Taxation of Nonresident Suppliers

|Proposed Changes|Switzerland
Switzerland

The Swiss Federal Council has approved draft legislation amending the country's VAT Act that will result in greater VAT liability for non-resident suppliers. The main changes affecting non-residents include:

  • The CHF 100,000 VAT registration threshold would be based on worldwide sales instead of just Swiss sales, and
  • The general exemption from import VAT for small deliveries with a VAT amount o…

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