On September 19, 2024, the Federal Tax Administration (FTA) published the new refund and default interest rates for federal taxes from 2025:
- Compensation interest: 0.75% (previous year 1.25%)
- Interest on arrears/refunds: 4.5% (previous year 4.75%)
The interest rates include VAT, direct federal tax, withholding tax, tobacco tax, beer tax, automobile tax, mineral oil tax, tax on distilled spirits, customs duty, stamp duty, performance-related heavy vehicle tax, CO2 tax, incentive tax on volatile organic compounds and supplementary tax.
The full overview is available here or the announcement is available here.
