Parliament stalemate on abolishing Swiss homeowner tax

The proposed abolition of imputed rental tax on owned properties in Switzerland is in danger of failing with both parliamentary chambers finding faults with the bill. +Get the most important news from Switzerland in your inbox A majority of both chambers dislike the tax but cannot agree on how to change the system. During the third and final discussion of the matter on Thursday, the Senate stood by its earlier decisions. It only wants to abolish the imputed rental value for primary residences. Senators also disagree with the House of Representatives on the issue of the debt interest deduction. The House of Representatives insists on a complete change of system. Accordingly, the imputed rental value should also be abolished for second homes. At the same time, it wants to ensure that cantons have the option of levying a property tax on second homes. The Senate did not even consider the proposal to introduce a property tax. It reached this decision by 26 votes to 15 with one abstention.