VAT news tagged as "Foreign companies"


Swiss scrap VAT exemption on foreign e-commerce 2019

August 17th, 2018

On 15 August, Switzerland’s Federal Council confirmed that it will scrap the low value VAT exemption on imports of goods bought from foreign e-commerce providers. The current threshold is CHF 62.50 for goods with a standard rating of 7.7% Swiss VAT. The threshold on books is CHF 200 since they attract only 2.5% VAT in Switzerland. The dropping …


Swiss cuts VAT threshold for foreign businesses

September 21st, 2017

From 1 January 2018, Switzerland will change the way it calculates the VAT registration threshold for non-resident businesses. Currently, foreign companies or individuals providing taxable supplies in Switzerland only have to VAT register if their Swiss sales exceed CHF100,000.  From 2018, this threshold will be based on total, global income of the business. Mail-order companies …


Estonia raises VAT registration threshold

January 29th, 2016

Estonia is raising its VAT registration threshold for resident businesses from €16,000 to €25,000 per annum. The change in threshold will cost the country around €2.5 million per annum, but will free many small businesses from the burden of VAT registrations and returns. It will also free staff at the tax administration to focus on …