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VAT rate changes: The entry into force is scheduled for January 1, 2024

During the vote of September 25, 2022, both the amendment to the AVS law and the federal decree on the additional financing of the AVS by means of a VAT increase were accepted. Consequently, the normal rate will be raised to 8.1%, the special rate for accommodation will increase to 3.8% and the reduced rate will now be 2.6%. The entry into force is scheduled for January 1, 2024. The Federal Council should decide on this in December.

Source: admin.ch

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