The Revenue Agency has disclosed the tax obligations for those who rent a property or part of it for short periods through AirBnb and the rules set out in the 2017 corrective maneuver: communicate contract data, certify and declare the withholdings made. What is meant by "short rent" and what will change
He is about to end up run over, his mother saves him
The Revenue Agency has made known the tax obligations for those who put in rent a property for short periods or part of it through AirBnb and the rules envisaged by the 2017 corrective maneuver: communicate contract data, certify and declare the withholdings made.
What is meant by "short rent" and what will change
First of all, the recipients of the instructions communicated are those who stipulate rental contracts not exceeding 30 days outside the business activity, directly or through intermediaries, including online, including those that provide for the supply of linen and cleaning of the premises. The 2017 corrective maneuver (Law Decree n.50 / 2017) provides that the provisions relating to the flat rate tax regime with the rate of 21%, in lieu of personal income tax and additional income deriving from the lease.
The option can be exercised also for income deriving from sub-leasing or concession contracts for the enjoyment of the property by the borrower.
Who will have to comply with the requirements
The recipients are the subjects who intervene in the stipulation of the short lease agreements, both through traditional channels and through the management of online portals. These subjects must transmit the data relating to the contracts to the Revenue concluded through them: the name, surname and tax code of the lessor, the duration of the contract, the amount of the gross consideration and the address of the property. For contracts relating to the same property and stipulated by the same landlord, the communication of data can also be made in aggregate form.
Instructions and deadlines: how and when to transmit data
The predisposition e the transmission of data must take place through the telematic channels of the Agency, which will publish the technical specifications. According to a note, non-resident subjects transmit data through a permanent establishment, if provided, or through the use of a tax representative, using the same services as the Agency. The communication of the data must be carried out by June 30 of the following year to that of conclusion of the contract.
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Withholding and payment obligations
The intermediaries operate the withholding tax of 21% on the amount of gross considerations, due for short-term lease agreements, if they intervene in the payment or collect the fees, upon payment to the beneficiary. The withholding tax must be paid by the 16th day of the month following the one in which it is made, it is made as a tax in the case of the option for the dry coupon, or as an advance if the beneficiary does not choose, in the tax return, to apply the coupon regime. Intermediaries must also certify and declare the withholdings made.
Anna Tita Gallo
