For the conversion of charges in foreign currency, either the monthly average rate published by the Federal Tax Administration FTA or the daily exchange rate (sell) can be used. Taxable persons who are part of a group can use their internal group exchange rate for the conversion.
Value added tax
|Monthly average exchange rates
|These average rates correspond to the arithmetic mean of the daily rates published by the FTA from the 25th day of a month to the 24th day of the following month.|
|Daily exchange rate
||The daily exchange rate is transmitted by the Federal Office for Customs and Border Security FOCBS.
|Group exchange rate||In the case of invoices in foreign currency between companies of the same group (group relationship), the VAT may be calculated using the group exchange rate. The conversion at the group rate must be maintained for one year.|
|Cryptocurrencies||MWSt-Info 07 «Steuerbemessung und Steuersätze» Artikel 1.3.3 «Entgelt in Kryptocoins/-token»|
Course listings Federal income tax
Income & Capital Taxes
Last modification 27.06.2022