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Switzerland Increasing Interest Rates for Tax Arrears, Refunds, and Advance Tax Payments from 2024

The Swiss Federal Tax Administration has announced increases in the interest rates for federal taxes from the 2024 calendar year.

The interest rates concern VAT, direct federal tax, withholding tax, tobacco tax, beer tax, motor vehicle tax, mineral oil tax, tax on distilled beverages, customs duties, stamp duties, and the heavy goods vehicle traffic charge linked to services.

Source: Orbitax

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