In its official statement on the proposal, however, the Government Council expresses considerable reservations and shares the sceptical view of the FDK. Although the FDK recognises the intention behind the proposal for a system change, it warns of the potential financial risks for mountain and tourism cantons and the possible implications for the national fiscal equalisation system. The introduction of a property tax would also entail practical challenges in terms of delimitation and additional costs during implementation. The majority of the FDK sees no current need to revise the existing system of residential property taxation, as the taxation of imputed rental value is considered appropriate for constitutional, economic and systematic reasons.
In addition, the cantonal government emphasises that an amendment to cantonal tax legislation would be necessary, which could considerably prolong the legislative process. There is a risk that the legal framework for the introduction of a property tax will not yet exist at the time of the possible abolition of imputed rental value taxation on second homes.