Switzerland’s carbon tax would jump up toCHF72 per ton from 2016, which is currently iCHF60 (USD67) per ton , if the power-related emissions of this year do not fall down to 76% of 1990 levels. If the emissions only fall to 78% of the baseline year then the tax will jump up to CHF84 per ton. To avoid tax hiking, emissions should be less than at least 24% of 1990 levels. The threat came after the country was disclosed about, the emissions of last year which were at 80.7% of 1990 levels.
«
Previous post
Canada-UK Income Tax Treaty protocol signed
Canada-UK Income Tax Treaty protocol signed
Related Posts
Switzerland, UK conclude negotiations on modernised free trade agreement
July 15, 2026
Switzerland and the United Kingdom have concluded negotiations on a modernised free trade agreement, Swiss President Guy Parmelin and UK Secretary of State for Business and Trade Peter Kyle announced during a meeting in Bern on 13 July. The
Read More
Malaysia, Switzerland end second round negotiations to update income tax treaty
June 30, 2026
Malaysia’s Ministry of Finance announced on 27 June 2026 that Malaysia and Switzerland have completed the second round of negotiations to amend the 1974 tax treaty, held from 22 to 25 June 2026. The negotiation is aimed at modernising their
Read MoreSwitzerland: Parliament approves VAT hike to support AHV pension costs
June 23, 2026
Switzerland's parliament has approved a constitutional amendment that will allow an increase in Value Added Tax (VAT) rates from 2028 to help finance the country's newly introduced 13th monthly pension payment under the Old-Age and Survivors'
Read MoreSwitzerland completes MLI procedures for Argentina treaty, effective from 2027
June 22, 2026
Switzerland has completed the domestic steps required for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) to take effect for its covered tax treaty with Argentina, according to
Read More
EU: FASTER directive signals need for Swiss withholding tax reform
June 15, 2026
The European Union's Faster and Safer Tax Relief of Excess Withholding Taxes (FASTER) directive establishes streamlined withholding tax relief procedures that expose significant gaps in Switzerland's current system. While EU member states prepare
Read MoreSwitzerland, Finland sign protocol of amendment to double taxation agreement
June 04, 2026
Switzerland and Finland have moved forward with updating their longstanding tax agreement, with the Swiss State Secretariat for International Finance announcing the signing of an amending protocol to their 1991 income and capital tax treaty on 28
Read More