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To provide you with more information about the financial consequences of the purchase and rental of a chalet, detailed information is written below. This information has been split up in different options that are possible after purchasing a chalet.
A chalet is classified as movable property and is therefore charged with 21% VAT. This VAT cannot be reclaimed from the tax authorities by the buyer, since the chalet is only used for private purposes.
A chalet is fiscally regarded as immovable property in box 3. Owning a cottage is therefore charged as income in box 3. It is required that the chalet is not used as a main residence.
Do you want more information? Get in touch with Richard Klein.
You can reach him at 06 - 22 54 26 63