Shot across the bow: the Council of States will probably scuttle the tonnage tax for ships

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The small chamber followed the request of the majority of its Committee for Economic Affairs and Taxes (WAK-S) with 29 votes in favor and 15 against, without abstentions. This criticized that the financial consequences of the project were unclear and that its constitutionality was questionable.

Now it is once again the turn of the National Council. He accepted the proposal during the winter session of 2022. If he agrees with the decision to not join, it is off the table. The same applies if the Grand Chamber continues to adhere to its position, but the Council of States subsequently refuses for the second time to act on the new federal law.

More about tonnage tax

Questionable federal plans

Tax gift for super-rich Swiss shipowners

Ueli Maurer helped diligently

How shipping company MSC made a tax donation

Leftists suspect electoral tactics

Politicians suspended tax cuts before the election

Controversial law

How commodity multinationals want to save taxes with ships

With the introduction of the tonnage tax, companies active in shipping could choose to no longer pay profit tax for individual ships, but instead pay flat rates for the carrying capacity. This would make the average tax burden for companies lighter than is currently the case. (SDA)

Source:Blick

Livingstone

I am Liam Livingstone and I work in a news website. My main job is to write articles for the 24 Instant News. My specialty is covering politics and current affairs, which I’m passionate about. I have worked in this field for more than 5 years now and it’s been an amazing journey. With each passing day, my knowledge increases as well as my experience of the world we live in today.