Swiss VAT rate cut 2018
- Feb 28, 2017 | Richard Asquith
The temporary 8% Swiss VAT rate may be returned to the pre-2011 rate of 7.7%.
The current, higher rate was voted on in a public referendum to fund certain public expenditure on the railway network. But this rise is due to expire at the end of 2017. The Swiss Parliament will consider a further extension over the next few days.
The current reduced VAT rates would also drop from 3.8% to 3.7%. There would be no change to the super reduced rate of 2.5%.
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