Federal Council defines VAT liability of foreign companies more precisely
Bern, 12.11.2014 - During its meeting today, the Federal Council approved two amendments to the Value Added Tax Ordinance (VATO) and resolved to bring them into force on 1 January 2015. This measure, in implementation of the Cassis motion (12.4197), should reduce the competitive disadvantages suffered by domestic companies relative to foreign ones until the proposed partial revision of the Value Added Tax Act comes into force.