End of rental value: the Federal Council supports the reform

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End of rental value: the Federal Council supports the reform – End rental value: federal council – End rental value: federal council new

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The rental value must be deleted. and the cantons must be able to collect a special tax to compensate for the losses of revenue. The Federal Council is favorable to the reform of the taxation of housing ownership, in votes on September 28.

Parliament endorsed in December a complete change in housing tax system. The rental value, namely a tax on the theoretical amount that a owner could withdraw if he hired, is deleted. In return. the interests of the end rental value: federal council new mortgage debt and the costs of maintaining and renovating the building are only partially deductible.

“Balanced” tax reform

The Federal Council defends the reform, which it deems balanced, in a press release published on Friday. This would decrease debt incentive and simplify the tax system. It also provides a special tax residences occupied mainly by their owner. in order to prevent significant losses of revenue for tourist cantons. The government welcomed this possibility.

This new tax. the abolition of the rental value cannot come into force without the other since the parliament end rental value:. federal council has legally linked the two components. Additionally, The change requires a modification of the constitution with a compulsory referendum. therefore a yes of the people and the cantons.

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