- Foreign tourist shopping is important for Switzerland’s economy, benefiting both luxury and SME retailers.
- Tax-free shopping attracts international customers, especially for lower to mid-priced goods.
- The EU is lowering barriers and minimum purchase amounts for tax-free shopping.
- The Federal Council is asked to reduce Switzerland’s VAT refund minimum from CHF 300 to CHF 150.
- This change aims to boost Switzerland’s competitiveness as a shopping and tourism destination.
Source: parlament.ch
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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