The supplier`s VAT on residential real estate income is not payable, whether the owner/broker/broker/developer/speculator is a VAT seller! This applies only to rental income (not sales) and does not cover the rental of commercial housing (hotels or pensions), commercial or agricultural rentals. The question of whether VAT on rents will be charged to you depends on the property concerned. Where the landlord has “opted” for tax for VAT purposes, the rents are subject to VAT; Otherwise, rents are exempt from VAT. VAT is exempt from tax on rental income from residential buildings on non-residential contracts (i.e. offices, retail spaces and hotels) which provide an annual rent of more than 250,000 euros, provided that these leases do not affect buildings whose historical value is confirmed by a local management order, are not subject to the mandatory provisions of the Rent Act. In other words, for such leases, the parties are free to agree on conditions that depart from the mandatory provisions of the Rent Act which generally benefit the tenant. This new option applies to all leases concluded after November 11, 2014. However, leases are governed by certain rules established by the Italian civil code (for example. B the rules for sharing food responsibility between the landlord and the tenant). Czech law only recognizes a type of leasing based on the rules governing rents in the Czech civil code.
These leases can be entered into for limited or unlimited periods. The rental of residential real estate is governed by the general and specific provisions relating to the leases of the code. The Czech Civil Code also contains special provisions for the rental of premises used for commercial purposes. 3. Commercial leases, protection of retailers or craft activities: standard commercial leases are still subject to the federal law of April 30, 1951 on rents. However, all three regions have adopted their own legislation on short-term leases, that is, in Ireland, commercial leases generally fall into one of two categories: short-term leases of less than five years or full repair and insurance contracts, usually granted to professional tenants for periods of up to 20 years, although terms between 10 and 15 years are increasingly frequent.