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Information on the taxes a property owner can expect, including information on property tax and transfer of real estate...
This is determined at cantonal level.
Canton of Zürich
Since January 1, 2005, the Canton of Zürich does not tax the transfer of real estate any more. However, real estate capital gains taxes are due in the Canton of Zürich, the amount of which is assessed on (a) the profit made in connection with the sale of the real property and (b) the duration of ownership. Real estate capital gains taxes have to be borne by the seller.
Contrary to other cantons, the Canton of Zürich does not levy any property tax.
Disclaimer
Every effort has been made to offer information that is current, correct and clearly expressed. The information in this summary is intended to be no more than a general overview of the position and certain details have been deliberately omitted. The contents of this page should not be taken as an authoritative statement of Swiss law and practice. Neither the author nor the publisher are responsible for the results of actions taken on the basis of information contained in this summary, nor for any errors or omissions. This text is not intended to render legal, accounting or tax advice. Readers are encouraged to seek professional advice concerning specific matters before making any decision.