The Swiss Federal Tax Administration has recently released an announcement outlining upcoming changes to VAT rates, net tax rates, and flat tax rates. These adjustments will come into effect on January 1, 2024. Here are the key modifications highlighted in the announcement:
| VAT Rates | Previous Rate | New Rate |
| Standard VAT Rate | 7.7% | 8.1% |
| Reduced VAT Rate | 2.5% | 2.6% |
| Special VAT Rate | 3.7% | 3.8% |
Source GVC
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