On 10 August 2026, the Federal Tax Administration (ESTV) published the updated ICTax price lists, including the lists of gratuitous shares (Gratisaktien) for the tax periods 2024, 2025, and 2026. ICTax (Investment Tax) is the standardized electronic valuation system used by Swiss cantons and the federal administration to determine the fair market value of listed and unlisted securities for wealth tax, income tax (on deemed income), and inheritance/gift tax purposes. The annual update reflects market prices as of 31 December of the preceding year and incorporates corporate actions such as stock splits, capital increases, and spin-offs. Accurate ICTax data is mandatory for banks, securities dealers, and individual taxpayers when filing tax returns and for tax authorities when assessing liabilities.
Key Takeaways
- Mandatory Valuation Standard: The ICTax lists constitute the legally binding reference for securities valuation across all Swiss cantons, ensuring uniformity and reducing disputes between taxpayers and tax authorities regarding asset values.
- Coverage of Gratuitous Shares: The separate publication of Gratisaktien lists addresses the specific valuation challenge of shares received without consideration (e.g., employee stock awards, bonuses), assigning them a deemed acquisition value for subsequent gain calculation.
- Retroactive Application for Open Assessments: Taxpayers and advisors must apply the 2024 and 2025 lists to any pending or revised assessments for those periods, while the 2026 list will be used for the upcoming filing season, impacting wealth tax liabilities due in 2027.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement