Switzerland Tax Agency Seeks Comments on Draft Revised VAT Practical Guidelines for Electronic Platforms

The Swiss Federal Tax Administration Nov. 19 opened a consultation on draft revised practical guidelines for electronic platforms, to reflect changes to the VAT Act. Topics covered include: 1) scope of application of VAT on platforms, and responsibilities of platform operators; 2) reduction of the standard 8.1 percent VAT rate to 2.6 percent, and a special 3.8 percent VAT rate, effective Jan. 1, 2024; 3) tax treatment of services provided via platforms by taxable platform operators and non-taxable sellers; 4) provisions for deducting fictitious input tax, margin taxation, and primary ...