§ 61 Tax Act (StG) - Compensation for the Effects of Fiscal Drag

1. The effects of fiscal drag in the personal income tax are fully offset by the uniform adjustment of the tax brackets and the deductions from income set in Swiss Franc amounts. The amounts shall be rounded up or down to the nearest 100 Swiss Francs.

2. The cantonal government shall adjust the tax brackets and deductions annually in accordance with the national consumer price index. The relevant index level is the one on June 30 prior to the start of the tax period. An adjustment is precluded in the case of negative inflation. The offset following negative inflation is based on the last offset.