News
Other things that may interest you.
SFTA sets year-end and annual average exchange rates for 2016
The Swiss Federal Tax Authority has published the year-end exchange rates for all currencies as at 31.12.16 together with the annual average exchange rates for 2016. The main year-end exchange rates are as follows:
1 EUR = 1.072000 CHF
1 USD = 1.016354 CHF
1 GBP = 1.255857 CHF
We recommend our clients to use the SFTA's published exchange rates when converting foreign currencies.
We are pleased to provide a list with the monthly average rates 2016 applicable for VAT-purposes as released by the federal tax authorities.