Swiss Voters to Decide on Second Home Tax Reform

Government backs constitutional amendment for new property tax system on second homes, aimed at reforming controversial imputed rent system.

Key Takeaways

Swiss voters will decide on a constitutional amendment for second home taxation on September 28, 2025
The reform would abolish imputed rent on main and second homes while reducing tax deductions
Cantons would have the authority to decide whether to implement the new second-home tax
First-time buyers of primary residences would receive temporary interest payment deductions

By The Numbers

1.8 billion CHF

Potential revenue decrease at 1.5% mortgage rates

Interest rate threshold for revenue increase

They Said

"The overhaul is meant to curb incentives to take on debt and to simplify the tax system for households and cantonal administrations alike"
— Government Statement

Swiss Property Tax Reform Goes to Public Vote

Key Changes in the Proposed Reform

Financial Implications

Cantonal Authority and Implementation

Historical Context and Future Outlook

Sources & References

Swiss government urges voters to back a tax on second homes to axe imputed rent

Le News

Key Takeaways

Swiss voters will decide on a constitutional amendment for second home taxation on September 28, 2025
The reform would abolish imputed rent on main and second homes while reducing tax deductions
Cantons would have the authority to decide whether to implement the new second-home tax
First-time buyers of primary residences would receive temporary interest payment deductions

By The Numbers

1.8 billion CHF

Potential revenue decrease at 1.5% mortgage rates

Interest rate threshold for revenue increase

They Said

"The overhaul is meant to curb incentives to take on debt and to simplify the tax system for households and cantonal administrations alike"
— Government Statement

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