XBRL in Switzerland - OECD · XBRL in Switzerland ... Federal Tax Aministration FTA -Group Ι10th...
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1 Eidgenössisches Finanzdepartement EFD Eidgenössische Steuerverwaltung ESTV Country Updates XBRL in Switzerland OECD FTA Taxpayer Services Sub-Group 10th Meeting on 28 to 30 September 2011 in Dublin, Ireland 2 Federal Departement of Finance FDF Federal Tax Aministration FTA OECD FTA Taypayer Sub-Group Ι 10th Meeting I 28 to 30 September 2011 XBRL XBRL = eXensible Business Reporting Language - is a XML-based language for the electronic communication of business and financial data which is revolutionizing business reporting - is beeing developed by an international non-profit consortium of companies, organisations and government agencies around the world - is a an open standard and free of licence fee - provides major benefits in the preparation, analysis and communication of business information - is a strategy to reduce the administrative burden of tax regulations
Transcript of XBRL in Switzerland - OECD · XBRL in Switzerland ... Federal Tax Aministration FTA -Group Ι10th...
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Eidgenössisches Finanzdepartement EFD
Eidgenössische Steuerverwaltung ESTV
Country Updates
XBRL in Switzerland
OECD FTA Taxpayer Services Sub-Group
10th Meeting on 28 to 30 September 2011
in Dublin, Ireland
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Federal Departement of Finance FDF
Federal Tax Aministration FTA OECD FTA Taypayer Sub-Group Ι 10th Meeting I 28 to 30 September 2011
XBRL
XBRL = eXensible Business Reporting Language
- is a XML-based language for the electronic communication
of business and financial data which is revolutionizing
business reporting
- is beeing developed by an international non-profit
consortium of companies, organisations and
government agencies around the world
- is a an open standard and free of licence fee
- provides major benefits in the preparation, analysis
and communication of business information
- is a strategy to reduce the administrative burden
of tax regulations
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Federal Departement of Finance FDF
Federal Tax Aministration FTA OECD FTA Taypayer Sub-Group Ι 10th Meeting I 28 to 30 September 2011
Swiss Association XBRL
XBRL CH = XBRL Switzerland
- is a member of XBRL International
- is an association which promotes the dissemination
of XBRL within Switzerland
- adopts and develops XBRL taxonomies
- supports the standardization efforts in cooperation
with the Swiss assocation eCH
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Federal Departement of Finance FDF
Federal Tax Aministration FTA OECD FTA Taypayer Sub-Group Ι 10th Meeting I 28 to 30 September 2011
Swiss Association eCH
The Swiss association eCH promotes, develops and
adopts standards for e-government solutions
The eCH standards are based on Switzerland‘s strategy
with three objectives
- The business community conducts the administrative
procedures with the authorities electronically
- The authorities have modernized their business processes
and deal with each other electronically
- The population can conduct adminitrative procedures
with the authorities electronically
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Federal Departement of Finance FDF
Federal Tax Aministration FTA OECD FTA Taypayer Sub-Group Ι 10th Meeting I 28 to 30 September 2011
Swiss XBRL Taxonomies
The following XBRL international taxonomies also apply
in Switzerland
- IFRS
- US GAAP
The following XBRL taxonomies have been developed
specifically for use in Switzerland by XBRL CH
- Code of Obligations
= Swiss Commercial Law
valid since September 2011
- Swiss GAAP
in the planning stages
for large companies
for small enterprises
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Federal Departement of Finance FDF
Federal Tax Aministration FTA OECD FTA Taypayer Sub-Group Ι 10th Meeting I 28 to 30 September 2011
Future Steps
XBRL is not a strategic issue, but part of the standardization
of eCH activities in Switzerland
The Swiss XBRL taxonomies will be accepted as the eCH
standards
Future applications of XBRL Taxonomies will be in areas of
- VAT forms
- Withholding Tax forms
- Business tax returns
- Statistics filing
Switzerland has taken a good step forward into the future
Tax filing
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Federal Departement of Finance FDF
Federal Tax Aministration FTA OECD FTA Taypayer Sub-Group Ι 10th Meeting I 28 to 30 September 2011
Contact / Links
Andreas Lindenmann
E-mail [email protected]
Phone +41 61 267 96 82
Cantonal Tax Administration Basel
Fischmarkt 10
CH-4001 Basel
Switzerland
www.xbrl.org
www.xbrl-ch.ch
www.ech.ch
ww.chm-steuern.ch
