Monday, 03 MAY 2010 - CATEGORY : MARKET NEWS
The Swiss federal court has confirmed it: the increase in the mileage tax for freight traffic is not against the law and will therefore be implemented.In 2009, the federal court indicated the illegality of the rise in the performance-related heavy vehicle fee (HVF)decided on in 2008.
In a reversal of its previous stance, Switzerland’s supreme legal authority has now paved the way for a higher toll on foreign lorries. This rise will also be applicable to Swiss vehicles, but as they pay the HVF on account, they will not be affected by the increase until later.
The estimated 70 to 75 million Swiss francs (around 50 million euros) to be generated by this rise will go towards infrastructure projects.
TAGS : mileage_tax, Switzerland
