Tax incentives for property owners who make voluntary rent reductions

We remind you about the tax credits to owners who rent real estate to businesses whose operation has been suspended and who make a voluntary reduction of rent

The tax relief granted is equal to 50% of the amount of the rent reduction, provided that the rent reduction does not exceed 50% and is not less than 30% of the monthly rent.

Gross rents obtained from the rental of immovable property to businesses whose operation has been suspended and whose owner has made a voluntary reduction of rent not less than 30% of the monthly rent on which defence contribution is paid are exempt from the defence contribution

The above applies to:

  • The exemption is granted for rents relating to a period not exceeding three (3) months and falling within the period from 1 January to 30 June 2021, regardless of the agreed months for which the reduction is granted;
  • Landlord and tenant are not related parties.

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