| A Rough Guide to SWITZERLAND |
|
|
|
|
Total Taxes in Switzerland are minimal in relation to purchase price,varying 0.8 percent to 1.3 per cent of the purchase price per annum depending on how the property is financed.
INCOME TAXES
Whether the property is rented or not , owners are liable to pay income tax on the actual rental income generated or on the "potential" rental income of the property which is reviewed by the local tax authority. The taxable amount is circa 60 per cent depending on the canton and commune. The taxable amount is also subject to further deductions for maintenance fees and any type of debt taken for the purchase. WEALTH TAXES The taxable amount is based on the value entered in the land register, known as the fiscal value. The fiscal value is approximaely 60 percent of the purcahse price and deuctions.
Powered by !JoomlaComment 3.26
3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved." |
|||||||






