Ordinance
on Value Added Tax
(Value Added Tax Ordinance, VAT Ordinance)

(Art. 37 para. 1–4 VAT Act)

1 If an im­mov­able good is no longer used in the busi­ness activ­it­ies of the tax­able per­son or is used newly for a busi­ness activ­ity ex­emp­ted from the tax without cred­it un­der Art­icle 21 para­graph 2 VAT Act, the tax must be charged on the fair value at the stand­ard rate at that time provided:⁷³

a.

the good was pur­chased, con­struc­ted or con­ver­ted by the tax­able per­son when the per­son used the ef­fect­ive re­port­ing meth­od and claimed the in­put tax de­duc­tion;

b.⁷⁴

the good was pur­chased by the tax­able per­son un­der the no­ti­fic­a­tion pro­ced­ure from a tax­able per­son ap­ply­ing the ef­fect­ive re­port­ing meth­od.

2 To de­term­ine the fair value of the im­mov­able goods, for every com­pleted year the value is re­duced by one twen­ti­eth on a straight line basis.