10/2020
FTA refunded VAT credits during the Corona pandemic quickly
Tamara Bosch
During the Corona Pandemic, 470 applications for early reimbursement of VAT credits have been received by the FTA so far. Applications amounting to CHF 235 million have been processed and paid out to companies within one to seven days.
This measure was part of the Corona package of the federal government. VAT credits are normally paid out partially automatically after 60 days.
The communication is available here.
First publication:
www.taxlawblog.ch
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