Revenues are primarily:

  • rents (net of tax);

  • ancillary income (hunting, fishing, billboards, GSM masts, etc.);

  • expenses borne by the lessor and paid by the lessee;

  • exceptional receipts, such as:
    • - entry fees (subject to exceptions),
    • - compensation for change of use,
    • - subsidies,
    • - security deposits: not taxable unless used to compensate non-payment of rent.

If the rents collected are abnormally low in market terms, the tax authorities have the right to make an adjustment to tax the lessee on a market rent (this specifically addresses cases of family relationships between lessor and lessee and/or significant charges being made for the asset in question).

This document and the information it contains are intended to provide as complete and accurate information as possible. It is however theoretical in nature and must undergo all necessary checking prior to its application. FiscalImmo and its authors cannot in any circumstances be held liable on the basis of this document.