Art. 98

(Art. 37 para. 5 VAT Act)

1. Public authorities and related institutions under Article 97 paragraph 1 which wish to report using the flat tax rate method must notify the FTA.
2. The flat tax rate method must be retained for at least an entire tax period. If the taxable person elects for the effective reporting method, the person may change to the flat tax rate method at the earliest after an entire tax period.
3. An earlier change to the effective method or the flat-rate method is permitted whenever the flat-rate tax rate concerned is adjusted, unless this is due to a change in the rates of taxation under Articles 25 and 55 VAT Act.
4. Changes to the reporting method are possible at the beginning of a tax period. They must be notified to the FTA at the latest 60 days after the beginning of the tax period from which the change is to be made.