As a result of the referendum on 24 September 2017, the Swiss Federal Decree of 17 March 2017 on Additional Funding for OASI Pensions by increasing the rates of VAT and the Swiss Federal Act of 17 March 2017 on the 2020 Pension Reforms were rejected. As of 1 January 2018, new Swiss VAT rates will apply.

The Swiss VAT rates per 1 January 2018 read:

normal rate: 7.7%

reduced rate: 2.5%

accomodation services, special rate: 3.7%

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