Greece creates platform for Airbnb tax

first_img Facebook Twitter: @NeosKosmos Instagram Airbnb lodged properties should be declared or face a hefty fine. According to a report printed in daily Greek financial paper Naftemporiki, the independent public revenues authority of Greece is about to launch an online platform for owners leasing residential lodgings on a short-term basis. Registration will be mandatory and it will provide property owners with a certification number, which should be declared on any digital platform, website and social media where it is advertised – including the Airbnb website. The platform will demand the declaration of the property, the names of the renters and the duration of the lease, or otherwise face a fine of up to €5,000 (AUD $7580.13). According to tourism industry experts, this measure is aimed to appease the official tourist lodging sector (hotels, and rooms-to-let), facing unfair competition by shared economy newcomers, such as Airbnb. Tax authorities also aim to collect revenue from people who put their property for lease on Airbnb, a practise that is becoming more and more widespread in crisis-stricken Greece, providing people with alternative sources of income.last_img

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