Stumbling blocks of the VAT rate increase
Tax Stumbling blocks of the VAT rate increase
As you know, new VAT rates have been in force since January 1, 2024. These are: standard VAT rate 8.1 % (previously 7.7 %), reduced rate 2.6 % (previously 2.5
Global Anti-Base Erosion Model Rules (GloBE) Pillar 2 - Swiss top-up tax
Tax Global Anti-Base Erosion Model Rules (GloBE) Pillar 2 - Swiss top-up tax
In December 2023, the Federal Council decided to introduce the OECD/G20 minimum taxation as of January 1, 2024 and will levy a top-up tax in Switzerland.
Tax-recognized interest rates for advances or loans 2024
Tax Tax-recognized interest rates for advances or loans 2024
Swiss Federal Tax Administration (FTA) annually publishes recognized interest rates applicable for tax assessments of advances and loans in Swiss francs and in
Switzerland abolishes industrial tariffs as of 1.1.2024
Switzerland abolishes industrial tariffs as of 1.1.2024
Switzerland abolishes the industrial tariffs in chapters 25–97 of the customs tariff. However, agricultural and fishing duties (in chapters 1–24) and duties
Pillar 3a maximum deductions in tax year 2024 - No increase in deductions
Tax Pillar 3a maximum deductions in tax year 2024 - No increase in deductions
Employed persons who are affiliated to a pension fund can pay a maximum of CHF 7,056 into pillar 3a in 2024. In 2024, the maximum Pillar 3a amounts remain
Switzerland implements OECD minimum tax concept / Pillar Two by January 1, 2024
Tax Switzerland implements OECD minimum tax concept / Pillar Two by January 1, 2024
On December 22, 2023, the Federal Council informed about their decision to implement the OECD minimum tax concept as planned by January 1, 2024. Switzerland

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