Income from tax on real estate rental amounted to 14.1 million lei for 8 months in 2019, which is 41.3% more than in the same period of 2018

Income from tax on real estate rental amounted to 14.1 million lei for 8 months in 2019, which is 41.3% more than in the same period of 2018

According to the State Tax Service, in January-August, 2717 individuals registered with the tax authorities 8284 new contracts for the rental of real estate to other individuals, and the total number of existing contracts at the end of August amounted to 10610. At the same time, in August 2019, the STS continued on verification of individuals who provide real estate for rent. As a result, there were identified 3710 citizens who rent property without registering with the STS in accordance with the law. As a result, the STS-calculated unpaid tax charged to 437 individuals amounts to 523.5 thousand lei, fines - 26.2 thousand lei and penalties - 77.3 thousand lei. The State Tax Service reminds that people who rent real estate must pay tax, which is 7% of income. The tax is paid no later than the 2nd of the current month or in advance. Payment is made at any commercial bank or post office. By law, individuals who rent real estate to other individuals are required to register rental agreements within 3 days from the date of their conclusion in the STS unit in the zone in which they are located. Individuals who do not fulfill these obligations are fined in accordance with the Tax Code. // 16.09.2019 - InfoMarket.

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