At its meeting on April 1, 2026, the Federal Council decided that the reform of home ownership taxation will take effect on January 1, 2029.
As a result, the imputed rental value of owner-occupied housing is no longer subject to taxation. At the same time, in addition to the taxation of the imputed rental value, the deduction of property maintenance costs at the federal, cantonal, and municipal levels is also eliminated. For rented or leased residential property, the deduction for maintenance costs remains in effect. Interest on debt is now deductible only in proportion to the value of the rented or leased properties relative to total assets.
At the same time, the cantons may introduce a property tax on second homes.
Further information is available here.
