Ordinance on Value Added Tax

(Art. 71 and 72 VAT Act)

¹The FTA may re­quire the tax­able per­son to sub­mit, in par­tic­u­lar, the fol­low­ing doc­u­ment­a­tion:

a.

a sum­mary of the de­tails men­tioned in Art­icle 126 or 127 for the en­tire tax peri­od (de­clar­a­tion for the tax peri­od);

b.

the duly signed an­nu­al ac­counts or, if the tax­able per­son is not re­quired to keep books of ac­count, a sched­ule of the re­ceipts and ex­pendit­ures as well as of the as­sets of the busi­ness at the be­gin­ning and end of the tax peri­od;

c.

the audit re­port, if one must be is­sued for the tax­able per­son;

d.

a turnover re­con­cili­ation un­der para­graph 2;

e.

for tax­able per­sons who re­port us­ing the ef­fect­ive re­port­ing meth­od, an in­put tax re­con­cili­ation un­der para­graph 3;

f.

for tax­able per­sons who re­port us­ing the ef­fect­ive re­port­ing meth­od, a sched­ule show­ing the cal­cu­la­tion of the in­put tax cor­rec­tions and re­duc­tions un­der­taken, from which the in­put tax cor­rec­tions un­der Art­icle 30 VAT Act, the own use cases un­der Art­icle 31 VAT Act and the in­put tax re­duc­tions un­der Art­icle 33 para­graph 2 VAT Act is ap­par­ent.

²From the turnover re­con­cili­ation it must be ap­par­ent how the de­clar­a­tion for the tax peri­od, tak­ing ac­count of the dif­fer­ent tax rates or the net tax rates and flat tax rates can be re­con­ciled with the an­nu­al ac­counts. To be con­sidered in par­tic­u­lar are:

a.

the op­er­at­ing turnover re­por­ted in the ac­counts;

b.

the rev­en­ues booked on ex­pense ac­counts (ex­pense re­duc­tions);

c.

the charges with­in a group of com­pan­ies that are not in­cluded in the op­er­at­ing turnover;

d.

the sales of equip­ment;

e.

the ad­vance pay­ments;

f.

the oth­er re­ceipts that are not in­cluded in the op­er­at­ing turnover;

g.

the pay­ments in kind;

h.

the re­duc­tions in earn­ings;

i.

the bad debts; and

j.

the clos­ing entries, such as peri­od­ic ac­cru­als and de­fer­rals, the pro­vi­sions and in­tern­al re-book­ings that are not turnover rel­ev­ant.

³From the in­put tax re­con­cili­ation it must be ap­par­ent that the in­put taxes ac­cord­ing to the in­put tax ac­counts or to oth­er re­cords have been re­con­ciled with the in­put taxes de­clared.

⁴The de­mand for ad­di­tion­al doc­u­ment­a­tion un­der para­graphs 1-4 does not rep­res­ent a de­mand for com­pre­hens­ive doc­u­ment­a­tion with­in the mean­ing of Art­icle 78 para­graph 2 VAT Act.