The latest news on 730 pre-filled they concern i condos. Inland Revenue extended from February 28 as of March 7, 2017 the deadline within which the condominium administrators can send data relating to expenses for building renovations and energy saving made on the common parts of the building.
This information, if submitted by this date, will be used for processing the precompiled 730, with no negative impact on taxpayers. The extension, valid only for this year, it will have no effect on the timing for the preparation of the pre-filled tax return.
Furthermore, the Revenue Agency provides clarifications through FAQs published on its website. For example, regarding the indication of the person to whom the expense is attributed, the Tax Authority clarifies that the condominium administrator must communicate the tax code of the owner or holder of another real right (for example the usufructuary), unless the latter has communicated a different subject (for example the tenant) .
Therefore, the administrator must not take into account the heading of the bank/postal account used by the owner or by others for the payment of the condominium fee. More information, published by Firstcourses concern the instructions of the Revenue Agency regarding the transfer of the tax credit available to condominiums who want to implement energy efficiency measures.
