Federal Council advocates abolishing imputed rental value
The Federal Council supports the abolition of the imputed rental value. However, he proposes changes to the submission of the responsible Council of States commission. The Federal Council also wants to abolish the imputed rental value of second properties, but keep debt interest on rented properties deductible.
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The Federal Council is in favor of abolishing the imputed rental value. He recommends Parliament to respond to a corresponding submission by the Commission for Economy and Taxes of the Council of States ( WAK-S ), informs the Federal Council in a communication . At the same time, however, the Federal Council advocates three changes to the bill.
According to the Council of States commission, the imputed rental value should only be abolished for owner-occupied residential property at the place of residence. In return, expenses and in particular mortgage interest for real estate should no longer be tax-deductible.
The Federal Council, on the other hand, also wants to abolish the imputed rental value on second properties. Expenses and debt interest should continue to be tax deductible if they are used on real estate used to generate income, such as renting. In addition, the Federal Council proposes that tax incentives for energy-efficient renovations be retained until 2050. In the proposal, this is linked to the CO2 law, which was rejected by the electorate.
The Swiss Homeowners Association (HEV) agrees with two of the three demands of the Federal Council. He was “delighted” that the Federal Council “confirmed the urgent need for trade to abolish imputed rental value taxation,” writes the umbrella association of homeowners and landlords in a message . Like the Federal Council, the HEV is in favor of partially maintaining the debt interest deduction and linking the promotion of energy-efficient renovation to the 2050 climate target. However, the abolition of the imputed rental value of second properties has already met with strong rejection from the “tourism cantons” in the past, writes the HEV.
