VATupdate

As Swiss voters reject CO2 tax, green VAT remains an urgent question

Swiss voters have rejected a proposed “CO2 tax” that would increase taxation on fuel and flights.

Switzerland’s Environment Minister Simonetta Sommaruga insisted that alternative policies would need to be devised. “”Climate change is still urgent, which is why we must move forward and find a way forward very quickly,” Sommaruga said.

Source: vatglobal.com

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