Switzerland Tax Agency Issues Updated Guidance on Taxation of VAT Groups

The Swiss Federal Tax Administration April 17 issued an updated guidance on the taxation of VAT groups. Topics covered include: 1) information on the creation of VAT groups; 2) general, administrative, and accounting requirements for group taxation; 3) withdrawal requests, including the conditions for retroactive withdrawals; 4) the effects of group taxation with respect to tax liability, VAT uniform identification numbers (UIDs), intra-group sales, and input VAT deductions; 5) that if a member no longer meets the requirements to participate in group taxation, the group representative must immediately report it to the Tax Agency through the specified portal; and 6) ...