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Swiss VAT rates lowered as from January 1, 2018

From January 1, 2018, the standard VAT rate in Switzerland will drop from 8% to 7,7% and the special rate for the hotel industry will be reduced to 3.7% (currently 3.8%).

The special reduced rate of 2,5% will remain unchanged.

Please make sure to adjust your system VAT rates per mentioned date.

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