OrbitaxOrbitax

Switzerland Planning Substitute Tax for Electric and Other Vehicles Not Powered by Fossil Fuels

|Proposed Changes|Switzerland
Switzerland

The Swiss Federal Council has issued a release announcing that it is planning the introduction of a substitute tax on electric vehicles and other vehicles powered by alternatives to traditional fossil fuels. According to the release, the substitute tax will be needed to finance transportation infrastructure given that revenue from taxes on fossil fuels will continue to decline as more and more people switch from petrol- and diesel-powered vehicles. The new tax will consist of a fixed amount …

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.