Landlords may have to reissue their electronic receipts for the year 2015
Landlords who have issued, during 2016, the eletronic receipts for the rents received in 2015 need to annul those receipts and issue new ones in order to include those rents in their 2015´s income. This procedure is necessary because the receipts have now to be issued filling in not only the month the rent concerns but also the date in which the rent was paid. Without this rectification rents will not be deducted in the 2015’s IRS (annual tax on individuals’ income).
These adjustments allow the Tax Authority to determine, on the one hand, the year the tax is due by the landlord and, on the other hand, the year the tenant can deduct the rents, in their annual income declaration