Cantonal taxes in the Canton of Obvaldo: rates and deductions (cross-border guide)

Context

Key facts

• Cantonal taxes : The Canton of Obvaldo has established cantonal taxes to ensure the financing of public services.
• Steps: the steps are established by cantonal law and are subject to annual variations.
• Allowable deductions: Allowable deductions are established by cantonal law and are subject to annual variations.
• Delivery deadlines: The delivery deadlines for the cantonal tax return are set by the cantonal government.

Cantonal taxes in the Canton of Obvaldo

The Canton of Obvaldo has introduced a system of cantonal taxes to ensure the financing of public services. Taxes are calculated according to the scales established by cantonal law, which vary annually.

Here is an example of how the cantonal tax system works in the Canton of Obvaldo:

• Stairs:

+ Up to CHF 20,000: 0% + CHF 20'001 to CHF50,000: 1% + CHF 50'001 to CHF 100'000: 2% + Above CHF 100,000: 3%

• Allowable Deductions:

+ Expenses for the purchase of a home: up to CHF 100,000 + Expenses for the purchase of a car: up to CHF 50,000

• Delivery Deadlines:

+ The cantonal tax return must be delivered by 31 March of each year.

Here is an example of how cantonal tax is calculated based on the brackets:

• A citizen of the Canton of Obvaldo has an income of CHF 80,000.
• The tax is calculated according to the bracket from CHF 50'001 to CHF 100'000, which is of the

Operational details

The cantonal tax administration manages cantonal taxes in the Canton of Obvaldo. The permitted steps and deductions are established by cantonal law and are subject to annual variations. The delivery deadlines for the cantonal tax return are set by the cantonal government.

Establishment of cantonal taxes

According to cantonal law, cantonal taxes were established to finance essential public services, such as education, health and safety. Taxes are levied on taxable income, which includes earned income, interest, and annuities.

Cantonal Tax Rates

Cantonal tax rates vary based on taxable income. For example, in 2022, the disposal of cantonal taxes was as follows:

• 0% for incomes up to CHF 3,000
• 10% for income from CHF 3,001 to CHF 6,000
• 15% for incomes from CHF 6,001 to 10,000
• 20% for income from CHF 10,001 to CHF 15,000
• 25% for income above CHF 15,000

Allowed Deductions

The allowable deductions for cantonal taxes are established by cantonal law and vary according to the type of income and individual circumstances. For example, people who have dependent children can deduct up to CHF 2,000 per year for living expenses. In addition, people who have lost their jobs can deduct up to CHF 10,000 per year for adaptation expenses.

Concrete examples

Here's a concrete example of how it works

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Key points

For more information on cantonal taxes in the Canton of Obvaldo, please consult the online portal of the cantonal tax administration. You can also contact the cantonal tax administration directly for assistance and information on the cantonal tax return.

Rates and Taxation

The income tax in the Canton of Obvaldo is 11.5% for incomes up to CHF 20,000, while for incomes above CHF20,000, the rate is 11.5% for the first CHF 20,000 and 12.5% for higher incomes. It is important to note that income tax may vary based on income and personal situation.

Deductions and discounts

Individuals may deduct the following amounts from their taxable income: CHF 2,500 for the family, CHF1,250 for the spouse, CHF 1,250 for each child under the age of 16, and CHF 500 for each student child. In addition, natural persons may deduct an amount of CHF 2,500 for the purchase of a main home.

Property taxes

Property tax in the Canton of Obvaldo is 0.8% for real estate and 0.5% for movable property. It is important to note that property tax may vary based on the value of the property and personal situation.

Regulations and rules

The legislation and regulations regarding cantonal taxes in the Canton of Obvaldo are established by the "Canton of Obvaldo, Tax Law

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