Success at Federal Court –
JM’s VAT filing was correct!

 

Success at Federal Court – important decision for our industry

We are pleased to confirm that JM has won its fight against an order of the Swiss Federal Tax Administration (ESTV) claiming additional VAT of more than CHF 15 million.

In 2016, the ESTV raised a claim that we did not invoice our VAT correctly.

In its recent judgement, the Swiss Federal Supreme Court, as indeed the Swiss Federal Administrative Court before it, has confirmed (with verdict (2C-492/2020) of 25th February 2022), that JM’s VAT filing was correct.

The resolution of this issue, much observed by the industry and tax experts, clarifies the position on VAT and brings additional legal certainty to our industry.