VATupdate

Share this post on

Switzerland is finally to receive a tonnage tax

On 4 May 2022, the Federal Council adopted the dispatch on the Federal Tonnage Tax Act for the attention of parliament. The bill highlights that profits from the operation of seagoing vessels will in future be taxed at federal, cantonal and municipal level on the basis of the net tonnage (cargo capacity) of the vessels and not on the basis of the net profit of the shipping company.

Source Taxand

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com
  • AXWAY - VATupdate Banner