Income tax on rent, worked example, in Switzerland
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1 Exchange rate used: €1 = CHF3.097.
2 The property is jointly owned by husband and wife.
3 Income-generating expenses are estimated to be around 15% of gross income.
4 The annual gross rental income is therefore capitalized with 6.51%. The capitalization rate is determined by the Geneva State Council annually.
5 The Real Property Tax can be deducted for the Direct Federal Tax. In these cases, the Real Property Tax was deducted from the respective net income.