Frequently asked questions in relation to VAT on property rentals
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Yes. You must notify the start of the leasing activity, presenting the census declaration (form 036 or 037) by marking box 111 (box 127 if you are already registered in another activity) and, for the purposes of VAT , entering the corresponding data in the boxes in section 4.A) on page 4, and on page 5.
No. In the event that a lessor is not obliged to charge VAT on any of the leases, he is not obliged to communicate the start of the activity.
No. In both cases it is a rental exempt from VAT .
The exempt service provider is not obliged to file form 303, unless they carry out any other activity that is not exempt from VAT. In this case, you will inform the gross tax base of the operation in form 390, box 105.
No. You must mark "YES" in the corresponding boxes on the Model 303 form:
Are you exempt from the VAT annual summary declaration , form 390?
Likewise, you must complete the specific section “Exclusively to be completed in the last settlement period by those taxable persons who are exempt from the annual VAT Summary Declaration.”
Yes. The exemption from submitting the annual summary declaration of VAT will not apply in the event that there is no obligation to present form 303 for the last settlement period of the year for having declared the deregistration in the Census of Entrepreneurs, Professionals and Retainers before from the beginning of it.
Yes, if you do not have any deductible contributions during the quarter, you must check the “No activity” box.
Before the inheritance is awarded, the heirs or the unclaimed estate through their representative must declare and settle the tax and issue any necessary invoices.
After the inheritance has been awarded, it will be the community of property that must comply with the tax obligations provided that the assumption of the risk and fortune of the exploitation of the property is joint. If the property is rented independently and separately by one of the co-owners, it will be this one who acquires the status of entrepreneur for the purposes of VAT .