VAT News

Switzerland-registration reminder

Prior to 2017, businesses, both resident and non-resident in Switzerland, were required to register for Swiss VAT where revenue from taxable supplies made within Switzerland exceeded CHF 100,000 in a 12 month period.

However, following amendments to the Swiss VAT law, the registration threshold now applies to worldwide revenue earned by the business, rather than solely income from Swiss taxable supplies.

This change was effective from 1 January 2017, and means that businesses making supplies within Switzerland must now be very aware of their compliance obligations, as it is likely that these will arise much sooner than they may have previously.

Related articles

Australia-Uber drivers must now charge GST

The Australian courts have confirmed that the services of Uber drivers match those of taxi and limousine services

Read more
Saudi Arabia-GCC VAT framework approved

Saudi Arabia has become the first GCC country to officially approve the GCC VAT framework

Read more
Taiwan-E-services VAT registration

Taiwan is the latest country to introduce new rules around sales of e-services

Read more