Federal Act
on Value Added Tax
(Value Added Tax Act, VAT Act)

¹ The ac­quis­i­tion tax debt is in­curred:

a.

with the pay­ment of the con­sid­er­a­tion for the sup­ply;

b.

in the case of tax­able per­sons un­der Art­icle 45 para­graph 2 let­ter a who re­port on the basis of agreed con­sid­er­a­tions (Art. 40 para. 1) at the time of re­ceipt of the in­voice, and for sup­plies without in­voicing on pay­ment of the con­sid­er­a­tion.

² Pre­scrip­tion of the right to es­tab­lish the tax and leg­ally bind­ing ef­fect are gov­erned by Art­icles 42 and 43.