Media

During its meeting on 21 March 2025, the Federal Council decided to lower the interest rates for outstanding COVID-19 credits with effect from 31 March 2025. The interest rate will now be 0.25% for credits up to CHF 500,000 and 0.75% for credits exceeding CHF 500,000.

On 19 March 2025 in Harare, Switzerland and Zimbabwe signed an agreement on the avoidance of double taxation (DTA) with respect to income tax. This will ensure the requisite legal certainty for the ongoing development of bilateral economic relations and tax cooperation between the two countries.

During its meeting on 7 March 2025, the Federal Council opened the consultation on a new FATCA Agreement. In the future, Switzerland should no longer provide information on financial accounts to the United States on a unilateral basis, but instead also receive information from the United States as part of an automatic exchange of information. The consultation lasts until 14 June 2025.