08/2021
Turnover limit for VAT exemption of associations should not be increased
Natalya Ezzaini
At its meeting on 11 August 2021, the Federal Council adopted its statement for the attention of the WAK-N and, in it, speaks out against a further exemption of sports and cultural associations as well as non-profit institutions from VAT.
In April 2021, the WAK-N proposed raising the turnover threshold above which a non-profit, voluntarily run sports or cultural association or a non-profit institution becomes liable for VAT from CHF 150,000 to CHF 200,000.
The Federal Council rejects this increase, as there is already a privileged position vis-à-vis other companies.
The media release and the Federal Council's statement are available here.
First publication:
Turnover limit for VAT exemption of associations should not be increased
www.taxlawblog.ch
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