This ruling clearly shows how important it is for VAT-registered companies to keep their books and records in accordance with commercial law principles. In doing so, they must record all business transactions completely and systematically on the basis of supporting documents. The audit trail must always be guaranteed for all business transactions. In addition, the ruling emphasizes how important it is to regularly reconcile sales, check for any discrepancies, and draw the app

Until recently, foreign companies were only included in the VAT register if they provided a security deposit. For some time now, the SFTA has no longer required foreign-based companies to provide security deposits when registering.The SFTA is currently reviewing the refund of existing security deposits.

The Swiss Federal Administrative Court (FAC) had to decide whether two separate companies existed – or whether their external appearance was such that they constituted a single company. The turnover threshold of CHF 100,000 was not reached by either of the two individual companies on their own, but was reached when their turnover was added together in the 2019 tax period.

It was disputed in front of the Swiss Federal Supreme Court whether supplies to aircrafts were exempt from VAT.