NEWS

 

Reimbursement of VAT credit

New generally within 30 days

 

Previously, VAT credits were generally refunded within 60 days. However, as part of the federal government's Corona package, since March 2020, requests for early refunds have been prioritized and paid out quickly.

 

The Swiss Federal Tax Administration now follows the general payment deadline in business transactions and will pay out VAT credits within 30 days in the future. This will also make requests for early repayment redundant.

 

For any further questions or advice, please contact Remo Merz, Swiss certified tax expert, merz@fineac.ch.

 

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Remo Merz, 8 April 2021

 

Keywords: VAT, Reimbursement of VAT, Swiss Federal Tax Administration