Federal Act on Value Added Tax

¹Re­fund in­terest shall be paid in re­spect of the peri­od that elapses be­fore the re­fund is paid:

a.

in the case of re­funds of ex­cess tax or tax not due un­der Art­icle 59: from the 61^st day after re­ceipt of the writ­ten claim by the FCA;

b.

in re­spect of re­funds of the tax as a res­ult of re-ex­port un­der Art­icle 60: from the 61^st day after re­ceipt of the ap­plic­a­tion by the FCA;

c.

in re­spect of pro­ced­ures with con­di­tion­al pay­ment li­ab­il­ity (Art. 49, 51, 58 and 59 CustA¹): from the 61^st day after due con­clu­sion of the pro­ced­ure.

²The in­terest-free peri­od of 60 days does not be­gin to run un­til:

a.

all doc­u­ments ne­ces­sary to es­tab­lish the facts and eval­u­ate the re­quest have been re­ceived by the FCA;

b.

the ob­jec­tion to the as­sess­ment de­cision sat­is­fies the re­quire­ments of Art­icle 52 of the Fed­er­al Act of 20 Decem­ber 1968² on Ad­min­is­trat­ive Pro­ced­ure (APA);

c.

the bases for cal­cu­lat­ing the tax on the con­sid­er­a­tion un­der Art­icle 54 para­graph 1 let­ter d are known to the FCA.

³Re­fund in­terest is not paid on a tax re­mis­sion un­der Art­icle 64.