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Old 27.05.2007, 21:38
Aussie Lisa Aussie Lisa is offline
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Re: More tax surprises - help is needed

Rent is not tax deductible. Interest is.

If you own a property, there is an assumed rental income (Eigenmietwert, or Own Rental Value) which becomes taxable, which can be offset by mortgage interest ... interest on all debts always being tax deductible.

I have no idea what PK Winterthur is, ask your HR dept. It may be "Pensionskasse" which is Pension Fund, and the company might be Winterthur Insurance; which recently changed its name to Axa-Winterthur.

Hope this helps,

Lisa
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