- Switzerland will implement new VAT rates effective January 1, 2024
- The standard rate will be 8.1%
- The lower rate will be 2.6%
- Accommodation services will have a specific rate of 3.8%
- Businesses operating in or with Switzerland need to understand and apply these changes correctly.
Source: pincvision.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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