When the lessee of a holiday rental is a non-resident, the taxation is different
The Central Economic-Administrative Court (TEAC) cancelled a penalty again for submitting the form 720 out of time
The TEAC cancelled another penalty for submitting the Form 720 after the deadline was over. The Court considered that there was no evidence to suggest that the taxpayer wanted to keep the goods hidden. We talk about all the details of the sentence in the new post of our blog
Although the information is provided by the Spanish Tax Office, if the information submitted is incomplete or incorrect the taxpayer can be sanctioned.
The Tax Return season just started on April 2nd and it will finish the 1st of July.
According to the Spanish Tax Office, more than 1,5 million accounts with balances exceeding 457 million euros have been detected.