- The Federal Council has adopted a message regarding the special VAT rate of 3.8% for accommodation services, as requested by Parliament.
- The special rate, currently valid until the end of 2027, is proposed to be extended until the end of 2035.
- Continuing the special rate beyond 2027 would result in estimated annual revenue losses of around 300 million Swiss francs.
- The Federal Council recognizes tourism’s economic importance but believes the sector’s current strong performance no longer justifies further subsidies.
- The Federal Council recommends rejecting the motion and will not submit a request for approval to Parliament.
Source: admin.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.
