The Swiss VAT treatment of lead insurance services: Recent Case Law
On 20 February 2019, the Swiss Federal Court has published his judgement concerning the Swiss VAT treatment of lead insurance services.
The Swiss Federal Court has recently published his judgement concerning the Swiss VAT treatment of lead insurance services (2C_833/2016 dated 20 February 2019). The tax periods subject to review by the court concerned the years 2008-2012. The Swiss Federal Court confirmed the judgement of the lower instance under application of the former Swiss VAT Act for the tax periods 2008-2009. It held that the services rendered from the appealing party acting as lead insurances company to the other co-insurer in connection with their agreed co-insurance corporation was taxable. For the tax periods 2010-2012 which were subject to the Swiss VAT Act currently in force and thus subject to different statutes of limitations rules, the tax periods 2010-2012 were considered as time-barred. Please find our full summary of the judgement and the potential impact in by clicking here (German).
Beat BaumgartnerPartner Attorney at law, Swiss certified tax expert
Beat Baumgartner, attorney at law and Swiss certified tax expert, is a partner in our Zurich office. He focuses on Swiss and international taxation, M&A, financing and capital market transactions.T: +41434346700 E: [email protected]