- Extension of Reduced VAT Rate: Swiss lawmakers have voted to extend the concessionary VAT rate for hotel stays beyond 2027, maintaining a special rate of 3.8%.
- Legislative Support: The measure passed in the upper house with a vote of 119 to 59, following prior endorsement from the Council of States during the spring session.
- Government Opposition: Despite opposition from the Swiss Government, which argued against the extension, the Federal Council is now mandated to continue the special VAT rate for the hotel industry, which has been in place since 1996 and has been extended multiple times.
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