Federal Act on Value Added Tax

¹The tax­able per­son may de­duct no­tion­al in­put tax if:

a.

he ac­quires an in­di­vidu­al­is­able move­able good in the course of a busi­ness activ­ity en­titling him to make an in­put tax de­duc­tion; and

b.

the VAT on ac­quis­i­tion of the good has not been openly passed on to him.

²The no­tion­al in­put tax is cal­cu­lated on the basis of the amount paid by the tax­able per­son. The amount paid is re­garded as in­clud­ing the tax at the tax rate ap­plic­able at the time of ac­quis­i­tion.

³No no­tion­al in­put tax may be de­duc­ted in re­spect of goods sub­ject to mar­gin tax­a­tion un­der Art­icle 24a.