Deutlich hat das Schweizer Volk am 4. März 2018 Nein zur No-Billag-Initiative gesagt. Damit werden alle im MWST-Register eingetragenen Unternehmen mit einem weltweiten Umsatz von über CHF 500’000 eine Unternehmensabgabe entrichten müssen. Ob und wie viel Radio und Fernsehen sie empfangen, ist irrelevant. Da die Gebühr an die Registrierung im MWST-Register anknüpft und der weltweite Umsatz relevant ist, kann die maximale Gebühr von CHF 35’590 bei weitem die in der Schweiz anfallende MWST übersteigen.Read More »
Category: Tax Knowledge
Switzerland: Radio and TV fees for businesses from 1 January 2019
The Swiss people firmly rejected the ‘No Billag’ initiative on 4 March 2018. As a result, all VAT Register-listed businesses with an global turnover of more than CHF 500,000 will have to pay a business licence fee, regardless of whether or how much TV and radio they actually receive. As the fee is linked to inclusion in the VAT Register and the company’s global revenue is taken into consideration, the maximum fee of CHF 35,590 may vastly exceed the VAT incurred in Switzerland.Read More »
Germany – changes in customs law
Starting situation
The German customs authorities tightened the conditions for Swiss based companies to apply for a payment deferral account. In the past it was possible to apply for such an account without having to found an independent subsidiary in Germany.Read More »
Zoll: Handel mit der EU
Rechte und Pflichten von Schweizer Unternehmen (insbesondere bei Zollprüfungen in Deutschland)
Erfahrungswerte zeigen, dass viele Schweizer Firmen für die Abwicklung der Importformalitäten in Deutschland verantwortlich sind. Sei dies weil sie dort ein eigenes Lager haben oder aber als Service für ihre Kunden.Read More »
India – Google tax to be imposed
Google tax is a term used to refer to anti-avoidance provisions that have been passed in several jurisdictions dealing with profits or royalties that have been moved to other jurisdictions with lower or zero rates.Read More »
Japan – Consumption tax filing obligations for digital service providers
Japan has implemented new regulation for x-border digital service where the B2C digital services by offshore service providers to Japanese customers are subject to Japanese consumption tax.
As the filing due date for the company whose fiscal year end is December is 28 February, please find HERE a quick Web Video as an alert.Read More »
EU – TP adjustments and custom value – The impact of Hamamatsu Photonica Deutschland GmbH (C-529/16) under the Union Customs Code and what does it mean in detail
The Hamamatsu case, in essence concerns the question whether, in order to establish the customs value, it is allowed to use an agreed transaction value (with Customs), which consists of the amount (price) initially invoiced and declared at import, Read More »
India – Trade discounts are permissible deductions from total turnover and cannot be disallowed as original tax invoice issued did not indicate discount
The tax authorities have always disputed the claim of post-sale trade discounts (cash or quantity discounts) claimed by the taxpayers on the ground that the said discounts were not linked to any sale invoices. Hence, claim of deduction towards such discounts from the sales turnover were disallowed. Read More »
Italy – News on mandatory e-invoicing regime and other VAT compliance obligations
Following to the approval of the Financial Law 2018, starting from 1 January 2019, a mandatory electronic invoicing obligation will be in place for the supplies of goods or services carried out between subjects that are resident, established or VAT registered in Italy.
The e-invoicing obligation is aimed, on one hand, to spread the digital culture among the companies and, on the other hand, to prevent the tax evasion and VAT fraud.
Therefore, taxpayers will be required to set their informatics systems in order to send and receive .XML e-invoices through the Interchange System (so-called “SDI”). The level of intervention on the informatics system will depend on different variables and could be limited if one or more intermediaries are used in the process.Read More »
EU – TP adjustments not any more relevant for custom value?
On the 20th of December the EU Court gave its decision in the case of Hamamatsu Photonica Deutschland GmbH vs Hauptzollamt München (C-529/16).Read More »
Michaela Merz 