Federal Act on Value Added Tax

¹If the tax cal­cu­lated at the stat­utory rate on the sales price ex­ceeds 10,000 francs or if the sale is made to a closely re­lated per­son, the tax­able per­son must ful­fil his re­port­ing and tax pay­ment ob­lig­a­tion by no­ti­fic­a­tion in the fol­low­ing cases:

a.¹

re­or­gan­isa­tions in ac­cord­ance with Art­icles 19 or 61 DFTA²;

b.³

oth­er trans­fers of all or part of as­sets to an­oth­er tax­able per­son in the con­text of an in­cor­por­a­tion, li­quid­a­tion, re­or­gan­isa­tion, sale of busi­ness or a leg­al trans­ac­tion reg­u­lated in the Mer­gers Act of 3 Oc­to­ber 2003⁴.

²The Fed­er­al Coun­cil may de­term­ine oth­er cases in which the no­ti­fic­a­tion pro­ced­ure must be, or may be, used.

³The no­ti­fic­a­tions must be made in the course of or­din­ary re­port­ing.

⁴By us­ing the no­ti­fic­a­tion pro­ced­ure, the ac­quirer ac­cepts the seller’s as­sess­ment basis and the level of use en­titling to an in­put tax de­duc­tion in re­spect of the as­sets trans­ferred.

⁵If in the cases men­tioned in para­graph 1 the no­ti­fic­a­tion pro­ced­ure was not ap­plied but se­cur­ity is provided for the tax claim, the no­ti­fic­a­tion pro­ced­ure may no longer be ordered.