Go Back   English Forum Switzerland > Help & tips > Leaving Switzerland
Reply
 
Thread Tools Display Modes
  #1  
Old 03.01.2015, 18:21
Newbie 1st class
 
Join Date: Jul 2011
Location: Baden / Brugg AG Switzerland
Posts: 11
Groaned at 0 Times in 0 Posts
Thanked 4 Times in 3 Posts
Sarah J has no particular reputation at present
Gewinnsteuer when selling house and leaving CH

Has any one had experience with the above?
Will the tax authority withold the profit on our house sale until the Gewinnsteuer has been paid?

Any information on this would be welcome
Reply With Quote
  #2  
Old 03.01.2015, 18:32
Junior Member
 
Join Date: Sep 2014
Location: Luzern
Posts: 59
Groaned at 3 Times in 2 Posts
Thanked 45 Times in 25 Posts
Ormsby has no particular reputation at present
Re: Gewinnsteuer when selling house and leaving CH

I think you will find that he tax is taken, via the Notary, from the amount you receive for the flat. In our experience, it took a couple of weeks for the Canton to agree the amount of tax due and the sale then proceeded with 3 separate payments; the 10% deposit, the tax and the balance.

That's just our experience, others may be much more informed about this.
Reply With Quote
  #3  
Old 03.01.2015, 18:50
Newbie 1st class
 
Join Date: Jul 2011
Location: Baden / Brugg AG Switzerland
Posts: 11
Groaned at 0 Times in 0 Posts
Thanked 4 Times in 3 Posts
Sarah J has no particular reputation at present
Re: Gewinnsteuer when selling house and leaving CH

Thanks Ormsby. I guess the quickest way to get this sorted out will be to talk to the Notar Will try this Monday
Reply With Quote
  #4  
Old 03.01.2015, 19:09
me.anon's Avatar
Forum Veteran
 
Join Date: Jan 2012
Location: thun
Posts: 1,454
Groaned at 22 Times in 16 Posts
Thanked 1,767 Times in 870 Posts
me.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond repute
Re: Gewinnsteuer when selling house and leaving CH

You will see that, from the thread below, the handling of the payment of Grundstückgewinnsteuer in Argau (which you list as your location) is somewhat 'looser' than in other cantons. . .

The [home] ownership experience....

Normally, except in Argau, the purchaser is jointly liable for this tax if the seller absconds without paying it, so the purchaser attempts to protect himself and ensure that the seller really does pay the tax, by withholding it, or paying it directly etc.

The Notar should, anyway, ensure that it is handled correctly.
Reply With Quote
This user would like to thank me.anon for this useful post:
  #5  
Old 03.01.2015, 21:13
Forum Legend
 
Join Date: May 2007
Location: AG
Posts: 5,403
Groaned at 149 Times in 107 Posts
Thanked 6,123 Times in 2,899 Posts
Mrs. Doolittle has a reputation beyond reputeMrs. Doolittle has a reputation beyond reputeMrs. Doolittle has a reputation beyond reputeMrs. Doolittle has a reputation beyond reputeMrs. Doolittle has a reputation beyond reputeMrs. Doolittle has a reputation beyond repute
Re: Gewinnsteuer when selling house and leaving CH

In Aargau the Notar is not involved.

The first question is how long you have owned the property. The capital gain tax is calculated on a percentage basis based on ownership. In the 25th year of ownership the percentage on the gain is 5%. In the first year it is 40%.

Improvements made to the property, notar costs and selling costs can all be deducted from the gain.

You should talk to the tax authority in the Gemeinde where you live. They should be able to help you. The other alternative is to see a tax specialist in Kanton Aargau.
__________________

Reply With Quote
This user would like to thank Mrs. Doolittle for this useful post:
  #6  
Old 04.01.2015, 20:07
Newbie 1st class
 
Join Date: Jul 2011
Location: Baden / Brugg AG Switzerland
Posts: 11
Groaned at 0 Times in 0 Posts
Thanked 4 Times in 3 Posts
Sarah J has no particular reputation at present
Re: Gewinnsteuer when selling house and leaving CH

Hi Thanks all for the information I will contact the local tax office for further info.
Reply With Quote
This user would like to thank Sarah J for this useful post:
  #7  
Old 04.01.2015, 20:25
Sean Connery's Avatar
Forum Legend
 
Join Date: Nov 2011
Location: Zurich
Posts: 4,924
Groaned at 75 Times in 70 Posts
Thanked 6,395 Times in 2,931 Posts
Sean Connery has a reputation beyond reputeSean Connery has a reputation beyond reputeSean Connery has a reputation beyond reputeSean Connery has a reputation beyond reputeSean Connery has a reputation beyond reputeSean Connery has a reputation beyond repute
Re: Gewinnsteuer when selling house and leaving CH

The join liability is given but the purchase contract will usually protect the buyer from non-payment of the gains tax.

What might be interesting if whether they allow you to deregister before it's calculated and paid. From experience, you get a first bill and then supply evidence to reduce it. I would liaise with an accountant and maybe think about some POA contract for this if you want to leave in a hurry.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What gets disclosed when selling a house? LearningAlways Housing in general 27 31.12.2012 18:53
Non-EU B permit holder bought a house - my options when leaving CH arnav Permits/visas/government 16 19.04.2012 00:43
Any interest to stayed registered in CH when leaving CH? greenmoon Leaving Switzerland 11 29.11.2011 01:52
Selling House in CH. What are and aren't deductables? Swissscot Housing in general 2 08.04.2008 13:24


All times are GMT +2. The time now is 05:10.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2016, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0