Tax deductions for loans

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

Can I deduct my loan from my taxes in Switzerland? How does it work? I would rather not have to pay to see a tax advisor. Any answers here?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Hello,

The costs of loans (interest charges) are tax deductible. However, the loan itself is not. It is worth noting that the tax-deduction for interest rates does not apply to car leases.

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