Hello,
I am new in the forum and did not really get an answer. We are tax resident in Germany and did buy our house in Las Terrenas in Oktober 21. Leaving DR now, we offer for a 100$ daily rate it via platforms like airbnb, booking.com and think about local agents , too.
"Viviendas" are excluded from Itbis, but why hotels are charged and a private owned holiday villa not? In Germany you are charged with German VAT of 7% over a limit of 18.000$ rental income a year. How do all the foreigners in the DR practice that? We never paid any Itbis renting a vacation house by a private owner last 10 years in the DR.
How is this regulated. What does happen with the earnings of the rental activity? Do I have to make an income tax declaration like a DR resident. All this questions should not be new, but I didn't find an answer until now. Thanks for helping
I am new in the forum and did not really get an answer. We are tax resident in Germany and did buy our house in Las Terrenas in Oktober 21. Leaving DR now, we offer for a 100$ daily rate it via platforms like airbnb, booking.com and think about local agents , too.
"Viviendas" are excluded from Itbis, but why hotels are charged and a private owned holiday villa not? In Germany you are charged with German VAT of 7% over a limit of 18.000$ rental income a year. How do all the foreigners in the DR practice that? We never paid any Itbis renting a vacation house by a private owner last 10 years in the DR.
How is this regulated. What does happen with the earnings of the rental activity? Do I have to make an income tax declaration like a DR resident. All this questions should not be new, but I didn't find an answer until now. Thanks for helping