On 30 September 2016, both chambers of the Swiss parliament approved revisions to the VAT Act, which includes changes that will affect non-resident suppliers. Key revisions include:
- A VAT registration threshold of CHF 100,000 in worldwide sales will apply for non-residents making supplies of goods or services in Switzerland, including e-services (current threshold based on Swiss sales);
- The general exemption from import VAT on B2C supplies of low-value goods is abolished (CHF 100,000 registr…