With the vote of last September 28, the People and the Cantons approved by majority the Federal Decree concerning the cantonal real estate tax on secondary residences. Consequently, the Federal Council will have to set the date of entry into force of the Federal Law of December 20, 2024 on the transition to a new system of taxation of residential property. According to sources close to the Federal Council, the law could come into force on January 1, 2028. From that date, the imputed rental value will no longer be taxable for any type of residence, primary or secondary, and it will no longer be possible to deduct maintenance expenses.
The Federal Law, however, provides that the Cantons may continue to allow by legislation the deduction of expenses for energy savings and environmental protection. Significant changes are also foreseen with regard to the deductibility of interest expenses. In addition, the Cantons will have the option to introduce a special tax on residences used mainly as vacation homes by their owners.

Objective
The meeting aims to analyze the tax changes resulting from the entry into force of the Federal Law of December 20, 2024, with particular attention to scenarios concerning the introduction of a special tax on secondary residences in Ticino, made possible by the new legal basis included in the Federal Constitution, and the possibility for the Cantons to maintain the deductibility of expenses for energy savings and environmental protection.
A round table is planned to discuss these issues with politicians and sector experts, in particular with reference to the advantages of the approved reform, the ecological transition, the effects on municipalities with secondary residences, and the impact on banks in granting mortgages.

Program and speakers
The tax consequences relating to the abolition of the imputed rental value and related expenses
Samuele Vorpe, Full Professor of Tax Law at SUPSI, Master of Advanced Studies SUPSI in Tax Law, Head of the Tax and Legal Competence Centre at SUPSI, Of counsel at COLLEGAL Law and Notary Firm Attorneys at law, Lugano

Possible scenarios relating to the introduction of a special tax on secondary residences and the deductibility of expenses for energy savings and environmental protection in the Canton of Ticino
Giordano Macchi, Dipl. math. ETH, lic. sc. econ., Master of Advanced Studies SUPSI in Tax Law, Director of the Tax Division of the Canton of Ticino

Round table
Franco Citterio, Director of the Ticino Banking Association (ABT)
Gianluigi Della Santa, Lawyer, Della Santa Law and Notary Firm, Bellinzona, Mayor of Gambarogno
Fabrizio Noembrini, Director of Ticino Energia
Paolo Pamini, Dr. oec., certified federal tax expert, National Councillor and member of the Economic Affairs and Taxation Committee, Senior Manager PwC Lugano, Lecturer in Taxation at ETH Zurich
Gianluigi Piazzini, economist, President of the Ticino Chamber of Real Estate Economics (CATEF)

Aperitif offered by CATEF

Cost
CHF 100
CHF 50.- for CATEF members

Registration
https://bit.ly/evento-18-11-25