Key Benefits:
On 20 February 2013 (State 1 Er January 2016)
The Swiss Federal Council,
See art. 199 of the Federal Direct Tax (LIFD) Act of December 14, 1990 1 ,
Stops:
1 The calculation of the tax under s. 14, para. 3, let. D, LIFD makes it possible to deduct:
2 Other deductions, such as passive interest, annuities and sustainable expenses, are not permitted.
Social deductions referred to in s. 35 and 213 LIFD are not permitted in the post-expenditure tax.
Notwithstanding s. 7, para. 1, LIFD, the taxpayer's income that does not fall within the scope of s. 14, para. 3, let. D, LIFD, is not taken into account for rate setting.
1 In the context of taxation on the basis of expenditure within the meaning of s. 14, para. 5, LIFD (as amended post-expenditure), only those expenses referred to in s. 1, para. 1 are deductible.
2 The tax rate applicable to income within the meaning of s. 14, para. 5, LIFD, is fixed on the basis of world income in accordance with Art. 7, para. 1, LIFD.
In the determination of taxation under s. 131 LIFD, the taxation authority always notifies the result of the highest taxation calculated in accordance with Art. 14, para. 3 to 5, LIFD.
The order of March 15, 1993, on the imposition of the direct federal tax expenditure 1 Is repealed.
1 [RO 1993 1367]
1 For persons taxed on the basis of expenditure 1 Er January 2016, art. 1 of the order of March 15, 1993, on the imposition of the direct federal tax expenditure 1 Is applicable until the fiscal year 2020.
2 For persons subject to the amended tax on the expense of 1 Er January 2016, art. 14, para. 5, LIFD applies as of fiscal year 2016.
1 RO 1993 1367
This order shall enter into force on 1 Er January 2016.