WHAT IS TOURIST LETTING?
Income obtained by the owner from the letting for tourism purposes of rooms situated in personally owned dwellings, regardless of the number of dwellings in which they are situated, for the purposes of taxation and the assessment of compulsory social contributions, is considered as income from the transfer of the use of property
WHAT CONSTITUTES INCOME FROM LETTING FOR TOURISM PURPOSES?
Economic operators who collect, in whole or in part, in cash or through the use of credit/debit cards or cash substitutes, the consideration for goods supplied at retail level and for services supplied directly to the public are obliged to use electronic tax tallying machines. Economic operators are obliged to issue tax receipts with electronic tax tills and to hand them out to customers. At the request of customers, users will also issue them with an invoice.
HOW IS THE TAX LEVIED?
- Compulsory on the basis of the annual income norm for the rental of between 1 and 5 rooms inclusive. NEW – Taxation on the basis of the income norm applies for the whole tax year even if the number of rooms to be rented exceeds 5 during the year.
- Mandatory in the actual system, from the tax year following the year in which the number of 5 rental rooms is exceeded during the tax year
WHAT ARE THE TAX OBLIGATIONS WHEN RENTING – between 1 and 5 rooms inclusive and – more than 5 rooms in the year in which the number of 5 rooms is exceeded?
DETERMINATION OF TAX
By applying the rate of 10% to the annual income norm/adjusted annual income norm/annual income, as the case may be, the tax being final.
WHICH IS THE COMPETENT TAX BODY?
The tax body within whose territorial jurisdiction the taxpayer has his address of domicile, according to the law, or the address where he actually lives, if different from his domicile;
The tax body in whose district the property is located, in the case of taxpayers without a tax domicile in Romania.