Published on December 19, 2024 at 4:43 p.m. / Modified on December 19, 2024 at 6:10 p.m.
3 mins. reading
A veritable sea serpent of federal policy, the imposition of rental values has never seemed so close to having one’s head cut off. On Wednesday, the Council of States created a surprise by approving the solution of a total overhaul of the tax system proposed by the conciliation conference. The two Chambers have long agreed on the principle of abolishing this tax. But the big question was whether a majority could emerge to support concrete reform. A major pitfall, because each proposal brings, beyond the expected advantages, new disadvantages.
Switzerland is one of the rare countries to tax rental value. The tax was created during the First World War, then abolished, before being reintroduced in 1934 as a provisional measure to consolidate the Confederation’s budget. The tax was made definitive in 1958. Since then, this tax system has regularly been the subject of fierce debate in the political sphere. But its maintenance until now shows how difficult it is to abolish a tax once it has been introduced.
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