In the final vote on 16 June 2017, the Council of States and the National Council approved the Federal Decree on the new Financial Regulation 2021.
According to the business of the Federal Council (16,053), the new Financial Regulation 2021 (NFO 2021) is intended to extend by 15 years the federal government's authority to levy direct federal tax and VAT, which is limited until 2020. To this end, on 22 June 2016 the Federal Council adopted a dispatch on the new Financial Regulation 2021 for the attention of parliament.
The National Council had already approved the Federal Council's draft on 15 December 2016 by 178 votes to 9 with 0 abstentions (total vote) (see the minutes of 15 December 2016).
The Council of States had also adopted the new Financial Regulation 2021 in its session of 30 May 2017 by 37 votes to 0 with 0 abstentions (unanimity) (see our contribution of 30 May 2017)
The verbatim transcripts are available here: National Council / Council of States. The text of the final vote is available here.
