Swiss to end auto import tax exemption for electric cars
The Swiss government says it plans to impose an automobile import tax on electric cars, which so far have been exempted from the charge, starting next year
GENEVA (AP) — The Swiss government said Wednesday that it plans to impose an automobile import tax on electric cars, which so far have been exempted from the charge, starting next year.
The governing Federal Council said the move was meant to counter a fall in income from the auto tax and is part of a wider plan to bolster public finances.
The auto tax is a levy of 4% on the import value, rather than the final sales price, of vehicles. Electric cars have been exempted since it was introduced in 1997 in an effort to make them an attractive option.
The government said the exemption is no longer necessary in view of a steady rise in the number of electric cars and the fact that their prices have come closer to those of cars with combustion engines.
