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Switzerland is going to reduce the VAT 13/10/09

During the performance at VAT Conference in Lucerne (Switzerland) in front of representatives of 25 member countries OECD and the European Commission the President of Switzerland Hans-Rudolf Merz has noted the innovation of the VAT reform in Switzerland. The named reform is aimed at introduction of the uniform rate of the VAT at a rate of 6,1%, that should bring obvious benefits to Switzerland. Now realisation of the goods and rendering of services on territories of Switzerland, and also merchandise imports and services are being taxed at the standard tax rate - 7,6%.
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