- Swiss lawmakers voted to extend the reduced VAT rate for hotels beyond 2027
- The upper house approved the measure with 119 votes in favor, 59 against, and 14 abstentions
- The Council of States had already endorsed the measure in the spring session
- The Swiss Government opposed the motion
- The Federal Council must maintain the special VAT rate of 3.8 percent for the hotel industry
- The special VAT rate was initially introduced in 1996 for a limited period
- The rate has been extended six times, most recently until 2027
- The standard VAT rate is currently 8.1 percent
Source: answerconnect.cch.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.
Latest Posts in "Switzerland"
- Swiss Government Proposes 0.7% VAT Increase to Fund 13th Pension Payment by 2026
- Deadline Extension for VAT Return Submission Available Online via ePortal Service
- Federal Court Upholds FTA’s Input Tax Deduction Practice, Criticizes Revenue Key Method.
- Federal Administrative Court Confirms ESTV Practice on Input Tax Deduction, Criticizes Revenue Key Method
- Appeal Dismissed: VAT Liability Upheld for 2020 Tax Period in Erotic Business Case
