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Swiss Federal Council adopted a dispatch on a Federal Act introducing a tonnage tax

During its meeting of May 4, 2022, the Swiss Federal Council adopted a dispatch on a Federal Act on a tonnage tax. The bill provides that profits from the operation of seagoing vessels can in future be taxed at a flat rate based on the net tonnage (loading capacity). In key areas, the proposal is based on the existing tonnage tax regulations in the EU. The tonnage tax is voluntary.

Source International Tax Plaza

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