REALWorld Law

Residential leases

Registration and taxes

Does a residential lease have to be registered and are taxes due in this context?

Poland

Poland

The private Landlord should notify the Tax Office about the conclusion of anoccasional lease agreement within 14 days from its conclusion. For lease agreements, the tax may be settled only in one form: a lump sum (8.5% or 12.5% of the income – if the annual income exceeds PLN100,000), however the declaration must be filed to the Tax Office by the 20th day of the month following the month in which the income arose. Rental of residential property as a dwelling is exempt from VAT.