The rates of value-added tax (VAT) in Switzerland will be reduced effective 1 January 2018. VAT rates will be reduced to 7.7% (standard VAT rate) and 3.7% (special VAT rate for accommodation) as of 1 January 2018. The “reduced rate” of…

Changes to Switzerland’s Value Added Tax (VAT) Act will enter into force on January 1, 2018, with the aim of removing VAT-related competitive disadvantages for domestic companies. Currently, a multinational company pays only VAT on its Swiss turnover. Foreign companies…

With effect from 1st January 2018, a revision of Swiss VAT Laws will trigger some significant changes for foreign businesses operating in Switzerland and Liechtenstein. Most notably the now existing VAT-Threshold of 100,000 CHF will remain in place, however, as to…

A VAT rate of 8% applies to most goods and services. A reduced rate of 2.5% applies to certain everyday consumer goods such as foodstuffs, non-alcoholic beverages, books, newspapers, magazines, medicines, but also to tickets for sports and cultural events….