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Indeed, when speaking of acquisitions, or more particularly of expenses acquired from foreign suppliers, the following considerations must be kept in mind:The VAT that must be paid on acquisitions to the AFC (by means of the self-taxation mechanism in the VAT return), is 100% recoverable, partially or not at all recoverable (0%), depending on the structure of the turnover achieved by the company in question.
Therefore, it is very important not to neglect the VAT aspect on acquisitions, because a tax burden may result for the company (VAT to be declared full pot, but sometimes the input tax is only partially or not recoverable at all).The VAT risk on acquisitions is particularly high for the following categories of taxable persons:◦ Individuals, private individuals not subject to VAT (excess of CHF 10,000 per year)◦ Companies not subject to VAT (because they generate a taxable turnover of less than CHF 100,000 per year, for example)◦ Sporting and cultural clubs run on a voluntary basis, foundations and associations recognized as being of public utility not subject to VAT (because they have a taxable turnover of less than CHF 150,000 per year)◦ Taxable persons (companies, foundations, sports clubs, etc.)
making acquisitions in close connection with the achievement of an excluded turnover◦ Taxable persons deducting VAT according to the “Net tax debt rate” method (so-called TDFN method)Given that for the categories of taxpayers mentioned above, there is a mandatory declaration of VAT on acquisitions, but no recovery possible of this paid VAT (prior tax)!It is therefore extremely important not to take this issue of corporate acquisitions lightly.As a reminder, you should know that before any calculation of VAT on acquisitions, it is first of all very important to clearly identify the acquisitions that will be the subject of the calculation.
Only once the acquisitions have been properly identified, then it will be possible to calculate the VAT on them.In general, it is also very important to remember that any transaction which is not considered as a delivery of goods (art.
7 VAT Act) is to be considered by default as a provision of services!
By provision of services, we must understand in principle all the elements which are not physically palpable, unlike goods.The following services are subject to acquisition tax:1) Provision of servicesAccording to article 45, al.