An examination which occurs at the time of each property acquisition project concerns the best taxation structure for the transaction. […]
Federal Direct Tax Law
As a result of the amendment, effective as of the 1st of January 2020, to article 32 paragraphs 2 and 2bis of the Federal Direct Tax Law (FDTL) and to article 9 paragraphs 3 and 3bis of the Federal Act on the Harmonization of Direct Taxes of the Cantons and Municipalities (THL) and to the corresponding cantonal laws, private property owners may now deduct from their taxable income, expenses related to the demolition of a building, when the purpose of the demolition is to replace it by a new construction.