Switzerland
Europe
How are Giftcards treated for tax purposes in Switzerland (VAT, single-purpose / multi-purpose)?
The Federal Tax Administration distinguishes value Giftcards (means of payment) with VAT only on redemption, and service Giftcards (specific service) with VAT already on sale/receipt. The practice is set out in VAT information/sector information and confirmed in specialist commentaries. (Eidgenössische Steuerverwaltung)
Is there a legal rule in Switzerland on the validity period of Giftcards?
There is no specific statutory Giftcard term, but the prevailing view applies limitation rules under the Swiss Code of Obligations: at least 5 years (consumer goods) or 10 years (other claims). This was confirmed, among other sources, by a cantonal decision (SO, 28.05.2020); shortening these statutory periods is not permitted. (konsum.admin.ch)
What consumer rights apply in Switzerland for expired Giftcards?
After an expiry date, the claim may still exist until the CO limitation period (5/10 years); merchants may not shorten statutory limitation periods. Goodwill arrangements (extension/exchange) are possible. (konsum.admin.ch)
What special rules apply in Switzerland to the sale, issuance, or redemption of Giftcards?
Transparent terms and conditions (term, redemption channels, residual value). For VAT purposes, the wording is decisive: if a service Giftcard is also declared redeemable for other services, it becomes a value Giftcard, meaning tax only on redemption. (help.e-guma.ch)