Glossary · Sell
Property gains tax
Property gains tax is a Geneva cantonal tax levied on the capital gain made on the sale of a property, that is, the difference between the sale price and the purchase price (plus recognised investment expenses). Its rate depends on how long the property has been held: the longer the period of ownership, the lower the tax rate. This tax is payable by the seller and should be factored into the calculation of the net return on a sale.