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Home Travel TIPS A Rough Guide to SWITZERLAND
A Rough Guide to SWITZERLAND PDF Print E-mail

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.


 

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