The Swiss Federal Council has approved the launch of a housing tax reform effective January 1, 2029—from that point on, homeowners who live in their own homes will no longer pay tax on the so-called imputed rental value (Eigenmietwert).
This is one of the most unique tax rules in Europe: until now, living in one’s own house or apartment in Switzerland was considered imputed income, on which income tax was levied. As part of the reform, this system will be abolished for both primary and secondary residences, while parliament simultaneously provided a constitutional option for cantons to introduce a special tax on second homes.
The reform became possible after Swiss voters supported changes to housing taxation in a referendum on September 28, 2025. According to Swissinfo, 57.7% of voters supported the reform. The Federal Council rejected requests from several Alpine cantons to postpone the launch of the new system until at least 2030, deciding to maintain the effective date of the changes as 2029.
For the housing market, this means not only the abolition of the imputed rental income tax but also a revision of related tax deductions. According to the official explanation, the current model was based on a balance between taxing imputed income and the ability to deduct mortgage interest and housing maintenance costs from the tax base. Following the reform, this mechanism will be significantly altered, and the cantons will have to adapt their own tax regimes over the coming years.
For foreign investors and real estate buyers, this news is important primarily as a signal of further adjustments to the rules governing home ownership in Switzerland. At the same time, the final impact of the reform on the tax burden will depend on the structure of real estate ownership, the presence of a mortgage, and how specific cantons exercise their right to impose a separate tax on second homes.
The State Tax Service and the State Customs Service exceeded their monthly revenue targets for the general fund in March 2026, generating a total of 9.5 billion UAH in additional revenue, according to the Ministry of Finance.
According to the Ministry of Finance, the State Tax Service exceeded its target by 1.9% (+3.1 billion UAH) in March, while the State Customs Service exceeded its target by 8.8% (+6.4 billion UAH). For the period from January to March, the State Tax Service’s revenue target fulfillment rate was 100.6% (+2.1 billion UAH), and the State Customs Service’s was 101.7% (+3.3 billion UAH).
The number of cars subject to luxury tax decreased threefold over the year
According to the Ministry of Internal Affairs, 504 vehicles subject to luxury tax were imported into the country last year.
This is the lowest figure in the last five years. Porsche and Mercedes-Benz account for 89% of luxury vehicles, and every second such car is a Porsche Taycan. In total, electric cars account for 65% of all cars subject to luxury tax.
504 cars subject to the “luxury tax” were imported into Ukraine in 2025. This is 3.2 times less than in 2024. Overall, this is the lowest figure in the last five years.
Every second car on the “luxury” list is a Porsche Taycan: 232 cars. Overall, Porsche became the leader in the luxury segment with additional taxation: cars of this brand account for 64% of the total volume. Mercedes-Benz took another quarter of the market with 126 cars. The rest of the premium brands together account for 11% of the market: Audi, Rolls-Royce, Aston Martin, Lamborghini, Maserati, etc.
It is worth noting that, in contrast to overall imports, electric cars dominate the premium segment: 65% of imported luxury cars. Another 18% are hybrids that can run on electricity as well as gasoline or diesel. Pure gasoline cars, the leaders in overall imports, are at the bottom of the list with 17%. Diesel accounts for a symbolic 0.4%.
Almost half of all luxury cars are registered in Kyiv and the surrounding region: 236 cars. Another 52 cars are in Lviv region, 49 in Odesa region, and 37 in Dnipropetrovsk region.
Most of the cars in the luxury segment are registered to individuals — 82% or 413 cars. Only 18% of such cars are registered to businesses.
The ultra-premium segment deserves special attention. Last year, 21 Rolls-Royces were imported into Ukraine. Fifteen of them are the electric Spectre model, which costs about $600,000. The registry also includes seven Aston Martins and two Lamborghinis.
It should be noted that the “luxury tax” applies to cars costing more than UAH 3.2 million and less than 5 years old. The tax amount for one such car is UAH 25,000 per year.
https://opendatabot.ua/analytics/luxury-car-fee-2025
CAR, IMPORT, luxury, Porsche Taycan, TAX
The amount of value-added tax (VAT) declared by non-residents who provide electronic services to individuals in the customs territory of Ukraine and are registered as VAT payers reached 14.4 billion hryvnia in 2025, while in 2024, the budget received 29% less – 11.2 billion hryvnia.
The “Google tax” brought over 14.4 billion hryvnia to the budget in 2025. These are funds paid by non-residents who provide electronic services to individuals in the customs territory of Ukraine and are registered as VAT payers,” wrote Lesya Karnaukh, acting head of the State Tax Service of Ukraine (STS), on her Facebook page.
According to her, 150 non-residents already pay this tax: in 2025, 12 new non-residents registered as VAT payers, and at the beginning of 2026, another five companies did so.
The leaders in paying the “Google tax” remain the world’s leading digital companies: Apple, Google, Valve, Meta, Sony, Etsy, and Netflix.
“All the electronic services we use every day contribute to the state budget. These are funds for the protection of the country, social programs, and restoration,” Karnaukh noted.
Revenues to local budgets from transport tax payments amounted to UAH 249.8 million in 2025, which is 13.7% more than in 2024, according to data on the website of the State Tax Service of Ukraine (STS).
In regional terms, the largest amounts were paid in Kyiv (UAH 74.1 million), Dnipropetrovsk (UAH 24.9 million), Odesa (UAH 20.9 million), and Kyiv (UAH 18.5 million) regions.
The STS reminded that transport tax payers are individuals and legal entities, including non-residents, who own passenger cars registered in Ukraine that meet several criteria: no more than five years have passed since their year of manufacture (inclusive), and the average market value of the car is more than 375 times the minimum wage (MW) established as of January 1 of the tax (reporting) year.
In addition, in 2025, revenues to the state budget from the environmental tax increased—35,600 taxpayers paid UAH 5.6 billion, which is UAH 219 million more than the revenues from it in 2024.
Among the regions, the largest amounts were paid in the Dnipropetrovsk region (UAH 1.1 billion) and Kyiv (UAH 1 billion). Significant revenues were also recorded in the Ivano-Frankivsk (UAH 640 million) and Zaporizhzhia (UAH 392 million) regions.
Actual revenues to the general fund of the state budget from taxes and fees controlled by the State Tax Service of Ukraine (STS) amounted to UAH 1 trillion 246 billion in January-December 2025, which is 20.2% or UAH 209.3 billion more than last year, according to a publication on the institution’s website.
According to the STS, despite an increase in planned indicators during the year by more than UAH 100 billion, the annual revenue plan was fulfilled by 97.4%.
According to the acting head of the State Tax Service, Lesya Karnaukh, quoted in the report, the stable over-fulfillment of targets during the first half of the year created the necessary financial reserve, which made it possible to avoid significant shortfalls at the end of the year.
It is noted that in the structure of the main sources of budget revenues for the 12 months of 2025, the largest share was provided by personal income tax and fees, which amounted to UAH 362.9 billion. Value added tax (including budget refunds) brought UAH 306.5 billion to the budget, and corporate income tax brought UAH 284.7 billion. In addition, excise tax revenues amounted to UAH 163.9 billion, while rent payments provided UAH 48.4 billion.
Karnaukh separately highlighted the dynamics of VAT budget refunds, which totaled UAH 179.6 billion for the year. At the same time, the monthly refund rate during the year was not less than UAH 13 billion.
“Today, businesses have to reorient significant financial resources and invest in recovery and relocation. I am grateful to everyone who does not give up,” said the acting head of the State Tax Service.
She also added that the achievement of these indicators in the context of war, shelling, and energy challenges is the result of the responsibility of each taxpayer.
