Art. 69 Federal Act on Direct Taxes (FADT), of March 21, 2000 - Charges

1. Are considered expenses the costs closely related to the acquisition or alienation of real property, as well as the expenditures that have the effect of increasing its value.

2. Expenses notably include

a) the lods;

b) acquisition and alienation costs such as broker fees, notarial and land registry fees, administrative fees;

c) expenditures for the improvement or appreciation of the property;

d) the value of the taxpayer's personal work that increased the property's value, provided it was subject to income tax;

e) costs for the establishment of easements or land charges in favor of the property;

f) costs for the redemption of easements or land charges encumbering the property;

g) the added-value contribution paid, if applicable, pursuant to the Land Use Planning Act of October 2, 1991 [67].

3. Insurance benefits, compensations paid by the Confederation, the canton or the municipalities, as well as third-party benefits that the seller does not reinvest or repay, are deducted from the acquisition price.

4. In any case, the following are not considered expenses

b) expenditures that were deductible for income tax purposes.

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