Tenants can report contracts to tax authorities if landlord fails to do so
The amendments to the Stamp Duty Code determine that landlords and sub-tenants have to communicate to the Tax Authorities the lease contracts, sub-lease contracts and the respective promises.
Tenants will now be able to communicate to the Tax Authorities rental contracts, sublets, promises and respective alterations or termination, if the landlords do not do so, according to a Government proposal.
"If lessors or sub-lessees do not communicate to the Autoridade Tributária e Aduaneira [AT]" elements such as leases, sub-leases and amendments or termination, then "lessees may make such communications".
At stake are amendments to the Stamp Duty Code, which determine that landlords and sub-tenants have to communicate to the Tax Authorities the rental and sub-lease agreements and the respective promises.
The respective alterations or termination of the contracts must also be communicated to the AT. According to the same code, communications are made until "the end of the month following the beginning of the lease, of the sublease, of the alterations, of the termination, or, in case of a promissory lease, of the availability of the leased property, in a declaration of an official model", by order of the Finance Department.
The legislation for the "More Housing" programme is under public consultation until 10 March. Among the measures foreseen in this programme is the provision of more land to build housing, incentives for construction by private individuals or tax incentives for owners to put houses on the rental market.