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Old 09.03.2020, 13:00
seneleh seneleh is offline
Join Date: Dec 2019
Location: Zürich
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Re: Wealth Tax - Foreign property

What kind of value for the property did you use first? For this, I'd recommend speaking with a professional accountant. You would typically use some kind of "book value" with a little discount, close to the purchase price, not a market value (which includes, in all likelihood, some gains you've made in the past if your house's value increased). The administration expects the value of the house that you use for taxation purposes to remain the same year by year...
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