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).