OrbitaxSwiss Federal Council Approves Changes to VAT Ordinance for New Digital Platform Requirements, Annual Returns for Small Taxpayers, and Flat-Rate VAT Method
|Approved Changes|Switzerland
On 21 August 2024, the Swiss Federal Council issued a release announcing its approval of a partial revision of the Ordinance on Value Added Tax with effect from 1 January 2025. This includes changes in relation to amendments to the VAT Act approved by the Swiss parliament on 16 June 2023, including:
- New requirements for the collection of VAT by digital platforms facilitating the sale of goods…
