- The Swiss Parliament approved proposed VAT rate changes.
- The standard VAT rate would rise to 8.5% from 8.1%.
- The special VAT rate for accommodations would rise to 4% from 3.8%.
- The reduced VAT rate would remain unchanged at 2.6%.
Source: news.bloombergtax.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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