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Spain’s Tax Agency is targeting the owners of apartments who placed rental ads last year in a crackdown on unreported income.

flats for sale in Murcia 300x170 - Taxman turns attention to hidden internet property rentalsWith the 2015 income tax drive now officially underway, taxpayers who use the new online tax filing program, Renta Web, may find the following message on their computer screen:

“According to data in the Tax Agency’s power, you have placed property rental ads in various media, including the internet.”

The note is a reminder that any income from such rentals must be declared, in the same way as income from foreign pension schemes or other foreign assets.
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