Wow
Sounds good. Thank you SantaMidnight.
What about my flat in Argentina? Hope I should`t calculate this fictitious income from my property abroad?
It's pointless.

All the best
Bedeinha

Points: 10
  • hat auf diesen Beitrag geantwortet.

    Hi Bedeinha

    Foreign properties and the income from them must be declared in the Swiss tax return. They are not taxed directly in Switzerland, but they are decisive for determining the progressive tax rate.

    E.g. You own a flat in Argentina with market value ARS 10 000 000 and you have to fulfill your tax declaration in Freiburg. Exchange rate as of 31.12.2019 ARS/CHF = 0.016173.
    So the market value in CHF = 0.016173 x 10 000 000 = 161 730
    Eigenmiewert in Freiburg = market value x 2.5 %, CHF 161 730 x 2.5 % =CHF 4 043

    Be a good boy and Santa will bring you a present. 😄
    Best regards,
    Santa

    Points: 80
    • hat auf diesen Beitrag geantwortet.
    • Bedeinha gefällt das
      6 Tage später

      Thank you SantaMidnight

      To tell the truth, this is bad news. Is this calculation similar for Zurich?

      Thank you in advance
      Bedeinha

      Points: 10
      • hat auf diesen Beitrag geantwortet.

        Hi Bedeinha

        No, according to cantonal rule Eigenmietwert (EMW) should be calculated as follows:
        EMW = market value x 4.25% = CHF 161 730 x 4.25 % =CHF 6 874

        Be a good boy and Santa will bring you a present. 😄
        Best regards,
        Santa

        Points: 80
          9 Tage später

          Hi everybody
          I’d like to confirm my understanding about the calculation of overseas property market value used as a base for Eigenmiewert calculation. As I’ve understood from the example above, we only need to convert its market value to CHF using exchange rate per 31.12.20XX. But it seems to me I’ve heard that in some cantons the price could be reduced by some percentage, couldn’t it?
          Could you please tell me if it’s applicable in Aargau?
          Thank you in advance.

          • hat auf diesen Beitrag geantwortet.

            Good day NoticeIss
            Yes, you are right. In some cantons incl. Aargau the market value of foreign properties can be set at a level lower than 100%. In Aargau the tax value of your property abroad is 80% of its current market value.
            Best wishes
            Lukelt

            Points: 5
              20 Tage später

              Hey guys

              Do I have to declare and to pay taxes for Eigenmietwert , if I own a part of apartment (1/3) ? My parents still live in this apartment. Can I tell I'm renting it to them?
              Thanks
              StrongGold


                13 Tage später

                StrongGold
                Of course you can rent your apartment on your parents, but in this case you should declare these rental payments as income. Or you can estimate the Eigenmietwert and declare the part of it (1/3).
                Best wishes
                Lukelt

                Points: 5
                  ein Monat später

                  Hello guys

                  I have a question about private housing as a business expense for self-employment.
                  Can I deduct a part of the expenses for business room in my private declaration?
                  If yes, how can I do this?

                  Thank you for your help in advance.
                  Spoonlich

                  Points: 5
                  • hat auf diesen Beitrag geantwortet.
                    24 Tage später

                    Hello

                    I must say you Swiss are amazing. I have never seen anything so unnecessarily complicated this in my life. Wasn't this whole Eigenmietwert nonsense supposed to be abolished anyway because of some national referendum?? Apparently not. If I rent my house abroad do I have to calculate this eigenmietwert?

                    Thanks in advance.
                    Regards
                    Di_Maria

                    Points: 5
                    • hat auf diesen Beitrag geantwortet.

                      Ho ho ho Di_Maria

                      Why are you in a bad mood? Christmas is coming, and Santa has set up a lot of gifts for you 😁
                      In this case, you have to declare your rental income.

                      Be a good boy and Santa will bring you a present. 😄
                      Best regards,
                      Santa

                      Points: 80
                        6 Monate später
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