08/2021
Unified interest rates for late payment and compensation on levies and taxes from 2022 onwards
Tamara Bosch
On 25 June 2021, the Federal Department of Finance (FDF) published the Ordinance on Interest Rates for Late Payment and Remuneration of Taxes and Levies (FDF Interest Rate Ordinance), which standardises interest rates from 1 January 2022.
The interest rates are reviewed annually and for 2022 are 4% for interest on arrears as well as for reimbursement interest on refunds and 0% for voluntary prepayments.
The interest rates are applicable, among other things, for direct federal tax, withholding tax, value added tax and stamp duties. The complete list can be found in the FDF Interest Ordinance.
The following ordinances are repealed:
- Ordinance of the FDF on Interest Rates on Arrears and Remuneration of 11 December 2009 (SR 641.207.1);
- Ordinance of the FDF on interest rates on tobacco and beer tax of 4 December 2001 (SR 641.315);
- Ordinance on Interest on Outstanding Stamp Duties of 29 November 1996 (SR 641.153);
- Ordinance on Interest on Outstanding Withholding Taxes of 29 November 1996 (SR 642.212).
The full media release is available here.
First publication:
Unified interest rates for late payment and compensation on levies and taxes from 2022 onwards
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