The Swiss Federal Tax Administration has published Circular 2-164-D-2018-f of 18 October 2018, which sets out the federal direct tax interest rates for the 2019 calendar year. The circular notes that the Federal Department of Finance has decided to maintain the rates applicable for 2018 and as such the rates for 2019 are as follows:
- Interest on tax arrears and refunds – 3%
- Interest on advance payments – 0%
The circular also sets out the maximum deduction limits for supplementary pension …