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VAT rate on feminine hygiene products reduces from 7.7% to 2.5%.

Foreign online retailers will no longer be able to escape paying Swiss VAT on their sales into the country.

Up to now, retailers which claim to have less than CHF 100,000 worth of sales in Switzerland do not need to register for VAT.

In the same vote, parliament has agreed to cut VAT on feminine hygiene products, which will be cut from the normal 7.7% to 2.5%.

Source: www.worldradio.ch


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