The surveillance of the Tax Agency is intensified
The Tax Agency has launched a new stage of supervision for those who offer their properties as tourist accommodation. This initiative seeks to ensure that the revenue generated by these rents are properly reported in tax statements, with the aim of preventing tax evasions.
The importance of tax transparency
As digital vacation rental platforms have proliferated, the Tax Agency has strengthened its communication with the owners, sending reminders about the need to declare revenue. This measure seeks not only to guarantee tax collection, but also to promote fair competition between the different actors in the sector.
Collaboration with digital platforms
Finance has established agreements with various rental platforms for information on the transactions performed. Thanks to this collaboration, it is easier to identify those who do not meet their tax responsibilities.
What are the owners’ tax obligations?
All owners who rent their properties for tourist purposes must declare their revenue generated. In addition, it is important to mention that certain expenses related to rent can be deduced, such as repairs and supplies during the rental period.
Documentation required
It is essential to keep all the documents that may justify these expenses, such as invoices and contracts, as the Treasury may require this information during a possible control.
The consequences of not declaring
Ignoring the obligation to declare the income of the tourist rental may be in severe consequences for the owners. Sanctions may vary considerably, and include fines ranging from 50% to 150% of the non -reported amount.
Risk of inspections
In addition to economic sanctions, the lack of declaration may trigger tax inspections that could reveal other irregularities in the taxpayer’s finances.
Recommendations for owners
To avoid complications with the Tax Agency, it is advisable to declare all the income generated by the tourist rent. Maintaining a careful record of contracts and invoices is essential, as well as considering the hiring of a tax consultant who helps to fulfill the tax obligations and to maximize the available deductions.
Final reflections
The regulation of tourist rent is a topic that will continue to generate debate, both for its impact on the local economy and its influence on the housing market. The owners must be aware of their tax responsibilities and act responsibly to avoid possible sanctions.
