7.3 Withholdings for leasing of real estate. Models 115 and 180
Business owners and professionals are required to withhold tax when they pay income from the leasing or subleasing of urban real estate.
No withholding or payment on account shall be made in the following cases, among others:
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Leasing of housing by companies for their employees.
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When the rents paid by the tenant to the same landlord do not exceed €900 per year ( VAT excluded).
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When the lessor's activity is classified under any of the sections of the IAE rates that authorizes the activity of leasing or subleasing urban properties, and applying the rules to determine the rate established in the sections of the aforementioned group to the cadastral value of the properties intended for leasing or subleasing, the result is no zero rate.
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Income from financial leasing contracts.
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Income from entities totally exempt from IS .
The withholdings corresponding to each month or quarter will be entered when Form 115 is submitted.
In addition, an annual summary of the withholdings made for the leasing of real estate, form 180, will be submitted.