Ordinance
on Value Added Tax
(Value Added Tax Ordinance, VAT Ordinance)

(Art. 30 VAT Act)

The FTA lays down flat rates in par­tic­u­lar for:

a.

busi­nesses of banks;

b.

the busi­ness of in­sur­ance com­pan­ies;

c.

busi­nesses of spe­cially fin­anced agen­cies of pub­lic au­thor­it­ies;

d.

the grant­ing of loans and for in­terest in­come and in­come from trad­ing in se­cur­it­ies;

e.

the man­age­ment of owned im­mov­able prop­erty where tax­a­tion is not op­ted for un­der Art­icle 22 VAT Act;

f.

pub­lic trans­port busi­nesses.