- Estonia – Draft law to increase the standard VAT rate from 20 to 22%
- Luxembourg lowered its VAT rates per Jan 1, 2023 for 1 year. Per Jan 1, 2024, this temporary reduction will end and following rates will gain be applicable:
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- Standard rate – 17% from 16%
- Intermediate rate – 14% from 13%
- Reduced rate – 8% from 7%
- Singapore – Approved. Goods and Services Tax (GST) rate will rise from 8% to 9%
- Switzerland – Approved. The standard rate will increase from 7.7% to 8.1%, the reduced rate will increase from 2.5% to 2.6%, and the special rate for accommodation will increase from 3.7% to 3.8%.
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