Development of VAT rates

14 November 2017

As a result of the referendum on 24 September 2017 the Federal Decree of 17 March 2017 on Additional Funding for OASI Pensions by increasing the rates of VAT and the Federal Act of 17 March 2017 on the 2020 Pension Reforms were both rejected.


As a consequence the VAT rates will be adjusted as of 1 January 2018.