Work on the draft VAT guidance on cryptocurrencies by the Swiss Federal Tax Administration (SFTA) has concluded after intense and diverse discussions in the VAT and crypto community. The CVA Working Group Tax / Accounting / Structuring (CVA WG TAS) has gladly taken the opportunity to be involved in this discussion and to promots the active exchange between the CVA WG TAS, authorities, CVA members and crypto community as well as a sustainable opinion formation. Although still working on reaching a state of consensus within various topic leaders, individual members of the CVA TAS have already responded or are currently finalizing their statements to the SFTA.
In light of the general importance of this topic for the entire crypto community and to showcase the progress achieved by the members of the CVA WG TAS in the last couple of weeks, the CVA WG TAS will be hosting a dedicated meetup “Crypto meets VAT Switzerland” on Tuesday, 25 September 2018, 11 AM at MME Zurich (Zollstrasse 62, 5th floor).
Please find further information here.