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Soon, no more customs duties on cars and electrical products?

The Federal Council would like to abolish all industrial tariffs. The cost amounts to around 500 million Swiss francs per year. It is a measure to counter the h

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Soon, no more customs duties on cars and electrical products?

The Federal Council would like to abolish all industrial tariffs. The cost amounts to around 500 million Swiss francs per year. It is a measure to counter the high price island Switzerland, from which consumers benefit.

The economy Minister, Guy Parmelin said on Wednesday before the Federal house media. As examples, he named bikes, cars, cosmetic products, clothes or shoes, which are now substantial customs duties are levied.

According to a calculation by the Federal Council, the abolition of the industry would allow tariffs savings for consumers of 350 million Swiss francs. In the process of consumer protection organisations had expressed doubts about whether these savings are actually passed on to the consumers more. These reservations the Federal Council wishes to meet with the establishment of a monitoring system.

30 percent on higher prices

From the abolition of the industrial masses of duties equal to the economic benefit. Parmelin language of lower import prices, better conditions and less administrative effort. Today, the prices of consumer and investment goods, approximately 30 percent above the level of Western EU countries.

the industrial among other duties. This amounted to 2018 to approximately 541 million Swiss francs, plus related taxes of 20 million Swiss francs. The abolition of lowering the prices of inputs and the strength of the competitiveness of Swiss businesses in international competition, writes the Federal Council in the Embassy.

a significantly lower administrative effort and cost for undertakings. According to Parmelin, the savings amount to around 100 million Swiss francs per year. It also includes a proposed simplification of the tariff structure for industrial goods contributes. The number of tariff positions would be reduced from roughly 6200 to 4600. Overall, the Federal Council estimates that the total economic impact of around 860 million Swiss francs.

Red

The loss of Revenue are the Federal of around half a billion francs. The question of whether the government can afford to do so, was entitled, said Parmelin. The economy Minister responded positively, among other things, because the positive effects make a part of the failures of betting. It was a priority of the Federal Council, said Parmelin.

Together with the planned measures against the marriage penalty, the abolition of the industry performs duties in accordance with the financial plan in 2022 to a small deficit. Projects such as international efforts towards the abolition of the Profit tax, the Reform of the residential property taxation, the abolition of stamp taxes or higher premiums are not deductions but are still taken into account.

concerns of farmers

In the Consultations, the 500-million gift to the economy was not arrived just fine. Critical, in particular, the agriculture said, although the border protection for agricultural products remains unchanged. The farmers fear that in negotiations on future free trade agreement to be negotiated easily.

Parmelin, showed understanding for these concerns. He reminded, however, that the industry had lost duties in the negotiations, there is already a lot of weight. Many of the negotiating partners benefit in the context of tariff preferences for developing countries already largely duty-free market access for industrial products.

The proposal has now been submitted to Parliament. This is true, should be repealed industrial tariffs at the beginning of 2022. (step/sda)

Created: 27.11.2019, 15:17 PM

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