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
Latest Posts in "Switzerland"
- Swiss Voters to Decide on AHV Funding via VAT Increase
- Swiss Court Upholds Customs Backpayments for Misused Livestock Import Licenses
- Swiss Court Limits VAT Deduction on Demolition Costs After Property Transfer
- Swiss Court Upholds VAT on Intra-Group Reinsurance Support Services
- Swiss Court Denies VAT Deduction on Real Estate Sale Timing
