Swiss Report Advocates Infrastructure Tax

by Ulrika Lomas, Tax-News.com, Brussels

06 November 2009

Presenting a report outlining the infrastructure development strategy for Switzerland, Swiss Transport Minister Moritz Leuenberger emphasized the need to introduce a new tax on mobility (mobility pricing), in order to generate much needed additional revenue to finance future investment.

According to the report, compiled by the Department for the Environment, Transport, Energy and Communication (DETEC), the introduction of a mobility tax, levied on all forms of transport, is likely to be unavoidable, given that revenue from mineral oil is set to decline as cars become increasingly powered by electricity.

The report concluded that, although the six key national networks (road, rail, aviation, electricity, gas and telecommunications) are currently well-equipped and in good working order, improvements will need to be made in the medium term in order to maintain links and to enable Swiss networks to become more compatible with Europe, thus assuring the competitiveness of Switzerland as a financial center.

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