10/2018
Remuneration interest rate for direct federal tax remains the same
Silvia Hunziker
The Federal Department of Finance (FDF) has decided to continue not to pay any refund interest for the calendar year 2019 on amounts of direct federal tax paid early.
Interest rates remain at a historically low level. The FDF has therefore decided to leave the remuneration interest rate at zero percent. The default / refund interest rate also remains unchanged at three percent. The interest rates are set out in the appendix to the FDF Ordinance on the Maturity and Payment of Interest on Direct Federal Taxes (SR 642.124). If the interest rates recover, the refund interest rate must be raised again.
First publication:
www.taxlawblog.ch
Footnotes / further notes
.
.
Footnotes / further notes: