Ordinance on Value Added Tax

(Art. 37 para. 1–4 VAT Act)

¹The turnovers from the busi­ness activ­it­ies of a tax­able per­son who has been per­mit­ted the use of two net tax rates are tax­able:

a.

at the high­er ap­proved net tax rate if the net tax rate laid down for the busi­ness activ­ity in ques­tion lies above the lower ap­proved rate;

b.

at the lower ap­proved rate in the oth­er cases.

²In cases un­der Art­icle 19 para­graph 2 VAT Act, the en­tire con­sid­er­a­tion may be re­por­ted at the ap­proved net rate tax ap­plic­able to the ma­jor­ity of the sup­ply. However, if the sup­plies are all sub­ject to the same tax rate un­der Art­icle 25 VAT Act, the en­tire con­sid­er­a­tion must be re­por­ted at the high­er ap­proved net rate tax un­less the tax­able per­son can show which parts of the con­sid­er­a­tion ap­ply to the in­di­vidu­al sup­plies.¹