We've already discussed tourist apartment rentals on our blog , including their taxation under both VAT (How is tourist apartment rental taxed? VAT ) and personal income tax (How is tourist apartment rental taxed? Personal income tax) . This time, we'll talk about how the Spanish Tax Agency intends to control and regulate these types of rentals starting in July 2018.
WHAT DOES MODEL 179 CONSIST OF?
It is a quarterly information declaration of the transfer of use of homes for tourist purposes that the government has approved through a bill , where information on the homes that have been transferred for hiring must be declared
WHO IS REQUIRED TO SUBMIT IT?
According to the latest information returns issued by the Spanish Tax Agency , individuals and entities that provide intermediary services between transferors and transferees, as well as individuals or entities operating as collaborative platforms that facilitate the transfer of usage rights and are considered service providers for the company, will be required to file Form 179. This requirement will be retroactive to January 1, 2018, and will primarily affect well-known platforms such as Airbnb and Windu, which will be obligated to complete this form.
WHEN WILL IT COME INTO FORCE??
The order will come into force the day after its publication in the BOE (Official State Gazette) and it also indicates that the declarations corresponding to the first two quarters of the 2018 fiscal year may be submitted from July 1 to December 31, 2018. The form must be submitted starting next July.
WHAT INFORMATION DOES FORM 179 INCLUDE?
This information statement must include the following information:
- Identification of the owner of the dwelling, the holder of the right under which the dwelling is transferred (if different from the owner of the dwelling) and of the persons or entities transferring it.
- Identification of the property with specification of the cadastral reference.
- Number of days of enjoyment of the property for tourist purposes.
- Amount received, if any, by the assignor of the right.
We can therefore conclude that the Tax Agency is finally regulating the situation of this type of operation, which until now had practically no control.
Do you have any questions about this topic?
Our team of expert advisors will help you resolve any issues related to our services.
Contact us now
With a degree in Business Administration and Finance, he combined his work as a consultant in the tax and accounting department of Gestart Assessores with his studies for ten years, primarily a degree in Business Administration and Management from the University of Barcelona. In March 2017, he joined Àmbit Assessor, SL as a tax and accounting consultant.
Latest posts by Francisco Romero
(see all)
Related
