Businesses without a Swiss establishment or VAT registration still have until the end of June 2020 to file their refund claim for Swiss VAT incurred in 2019. Please note that the deadline for any VAT refund claim remains 30 June 2020. The deadline cannot be extended, even in the current COVID-19 circumstances.
In response to the COVID-19 virus, the U.S. Internal Revenue Service (IRS) has granted an automatic extension of time for Reporting Model 2 and Participating FFIs to file their FATCA reporting (Form 8966) to the IRS.
Our recently completed KPMG tax transparency event series highlighted the extensive new requirements in the field of tax transparency, with a particular focus on the challenges for family offices, trustees and fiduciaries. Stefan Keglmaier summarizes the most important takeaways of our session.