Schlagwort-Archive: input tax deduction

A trailblazing judgement by the Federal Court

Last week the Federal Court (2C_1115/2014 dated 29 August 2016) published a trailblazing judgement. In dispute was whether for a taxpayer – a group operating internationally – the purchase of seven works of art charged with input tax from the … Weiterlesen

Veröffentlicht unter English, Litigation, Praxis ESTV, VAT consulting | Verschlagwortet mit , , , | Kommentar hinterlassen

The formal requirements for VAT invoices are being made in Eastern Europe, or even in India

We are frequently asked by clients what formal requirements have to be observed for invoices.  These may be questions of archiving, but also about the contents of invoices.   Under the old law until the end of 2009 the answer was clear. … Weiterlesen

Veröffentlicht unter English, Praxis ESTV | Verschlagwortet mit , , | Kommentar hinterlassen

Timing is everything!

If on a sale of property the option is elected for, VAT is payable on the sales price (less the value of the land) at the normal rate of 8%. As in most cases the amount involved runs into millions, the … Weiterlesen

Veröffentlicht unter English, Real Estate, VAT consulting | Verschlagwortet mit , , | Kommentar hinterlassen