News and Guide

News from DL MoneyPark and information on the financial market and Swiss romande real estate

Author : Kristen

Limitations to debit interest deductions

Since 1 January 2001, deduction of debit interest is subjected to certain limitations.

When a property is excessively encumbered by mortgages, it may happen that debit interest can no longer be deducted. However, debit interest can be deducted from income up to a return on assets (real and non real estate) over CHF 50,000, and this applies to both cantonal and communal tax.

Articles on taxation: