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Legal entities may book provisions as expenses to reduce taxable income. Fines without penal character may also be recorded as provisions.

Homeowners pay taxes on the imputed value of their apartment as a notional rental value. There are plans to abolish this as well as the property maintenance deduction soon.

The ESTV keeps the interest rates for the direct federal tax of 2019 stable, compensation interest remains at 0%, default interest at 3%. The maximum deductions for the third pillar increase, employees may deduct up to CHF 6826.

Real estate held in private assets allows a lump-sum deduction for maintenance costs, unless the use is predominantly business-related. A federal court ruling confirms that when used for business purposes by third parties, only actual costs are deductible.

In Switzerland, when transferring real estate, in addition to the property gains tax, a transfer tax is often due, the amount of which usually depends on the purchase price. Taxation is regulated by the cantons, and some cantons do not levy a transfer tax.

Deposits into the pension fund are subject to a three-year blocking period for tax savings. However, exceptions apply in the case of divorce, as a federal court case shows.

The tax residence is determined at the place of the center of life, based on objective living conditions. The Federal Court confirmed that for a non-self-employed person over 30, who has lived at the place of work for more than 5 years, the center of life is there.

The Swiss Parliament has adopted Tax Proposal 17; changes will take effect from 2020. However, a possible referendum could still stop the proposal.

The Swiss value-added tax law allows companies to calculate VAT based on agreed or actually received fees and to choose between actual taxation, balance rate taxation, or flat-rate taxation. Companies can settle the tax based on the invoice date or the date of payment receipt, which affects liquidity.