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I hold a large part of my wealth in gold bullion stored in safe deposit boxes. Can I deduct the rental payments for my safe deposit boxes from my wealth tax?
Hi there,
Tax laws and tax deductions vary between cantons and municipalities. In most cases you can deduct the cost of renting safe deposit boxes from your taxable income.
Best regards from Moneyguru
More on this topic:
Guide to safe deposit boxes at Swiss banks
Guide to non-bank safe deposit boxes
