At its meeting on October 9, 2024, the Federal Council adopted a postulate report on financing the AHV through a financial market transaction tax.

The report notes that Switzerland already has two financial transaction taxes and generates higher tax revenues with these than comparable European countries. It concludes that financial transaction taxes perform worse than other taxes and that their additional revenue potential is limited. In the view of the Federal Council, they are not suitable for the stable financing of the AHV.

The press release is available here.