Now’s the time to plan new tax deductions for homeowners!

Revidierte Verordnung der Liegenschaftskosten per 1.1.2010

The Swiss Federal Tax Administration has passed a revised ordinance on property expenses.

The Swiss Federal Tax Administration has set out a totally revised set of regulations concerning property expenses. The new legislation specifies the allowable deductions for homeowners and will come into force on 1 January 2020.


On 1 January 2020, the completely revised property expenses ordinance (“Liegenschaftskosten-Verordnung”) will come into force.

The Swiss Federal Tax Administration has now specified the deductions for homeowners in the form of its completely revised property expenses ordinance. With regard to the direct federal tax, the ordinance regulates tax deductions for energy-saving investments and also for dismantling work in the course of creating new replacement buildings. The expenses can be spread over a maximum of three consecutive tax periods, provided that they cannot be fully offset against the tax liability in the year in which they were incurred.

Which expenses are (not) deductible?

The tax-deductible dismantling costs include the dismantling of installations, demolition and removal work, and disposal of construction waste. However, the costs of ground clean-up, earth movement and excavation work for new replacement buildings are not deductible. The dismantling costs can only be claimed for tax purposes if, within a reasonable period of time, a new replacement building is erected on the same site, the building serves a similar purpose as the old one, and the reconstruction project and dismantling process are carried out by the same taxable person. The completely revised property expenses ordinance will come into force on 1 January 2020. (Source: Swiss Federal Tax Administration)


Move registered office to canton with lower tax rates? But then do it properly!

Government and business gave a sigh of relief in Switzerland on 19 May. The Swiss voters had adopted the federal law on tax reform and the financing of state pensions …

View article

Obligation to cooperate in the case of estimates of payments abroad

Basically, facts that lead to an increase in tax are to be proved by the tax authorities and tax-reducing matters by the taxable person. This Federal Court decision concerned a …

View article

Inventory of objects worthy of protection

The inventory of objects worthy of protection is a reference inventory. It is used by municipal and cantonal authorities and provides a basis for communal planning and decisions governed by …

View article