The Federal Council favorable to the abolition of the rental value

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

(Keystone-ATS) 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. federal council favorable abolition rental In return. the interests of the mortgage debt and the costs of maintaining and renovating the building are only partially deductible.

The Federal Council defends the reform, which it deems balanced, in a statement 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 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.