Contributions to renovation funds for condominiums

On February 17, 2026, the canton of St. Gallen published the accompanying news item on the topic of "Contributions to renovation funds for condominiums" (see PDF below).

Accordingly, deposits into renovation funds will no longer be tax-deductible after the abolition of the imputed rental value. According to this news report, this is expected to take effect on January 1, 2029—previously, the date mentioned was "January 1, 2028, at the earliest."

Until then, contributions to repair or renovation funds of condominium owners' associations are considered deductible maintenance costs under current law, provided that the legal requirements are met.

Excessive deposits in view of the upcoming system change will not be accepted as a matter of principle. An exception will be made if a concrete, verifiable renovation or maintenance project that has already been planned can be demonstrated (concrete cost estimates, existing project documents, etc.).