News published in INFORMA 2017

News published in INFORMA in October

During the time the taxpayer is no longer registered as a contributor in the economic activity, the fixed assets will no longer be considered as affected items, and, therefore, these assets shall no longer be considered as depreciation expenses during such time.

If the letting of the holiday home is not merely restricted to making it available over time periods, but is coupled with providing specific hotel and catering services such as restaurants, cleaning, laundry and the like, the rent will be classified as earnings from economic activities.

The amounts paid by the co-operative to its employees-cooperativists are considered as income from work, and their Social Security contributions under the Special system for Self-Employed Workers are considered as a tax-deductible expense.

Notification to the payer that amounts are allocated to purchase the permanent residence on Form 145 in order to reduce the deduction rate by two integers does not imply the right to this deduction, and, therefore, does not imply the obligation to declare, as exercising the permanent residence deduction right on the submitted tax return is a different concept.