Swiss VAT threshold changes
Sat 5th Mar 2016
The second house of the Swiss parliament, the Ständerat, ratified a bill modifying a number of VAT rules. The changes include
- Removal of the low value package VAT and customs relief threshold. This is currently CHF 65 for most goods
- Introducing the CHF 100,000 VAT registration threshold to foreign service providers
The bill now passes to the primary house.