Maneuvering, tax increases and shorter lease terms: changes? FAQS

The majority reached an agreement on the taxation of short-term rental properties: the rate will be 26% for second to fourth homes, and a national identification code proposed by the Forza Italia party will be introduced with which landlords can be tracked. Here's what you should know.

Who can opt for the simplified tax system?

As the Revenue Agency explains, "individuals who are owners of a property right or right of use (such as a right of occupancy) who do not rent out the property as part of a business or professional activity may opt for the simplified taxation regime. "

What is meant by '. 'short-term tenancy?

As always explained by the Revenue Agency, a short-term tenancy is defined as "a residential tenancy agreement of no more than 30 days entered into by individuals outside the business. From 2021, this only applies if no more than four tenancies are provided in a year; exceeding this threshold means that the activity, regardless of who carries it out, is considered a business activity. "

How much will the simplified taxation system increase?

The leader of the Forza Italia party, Antonio Tajani, has confirmed that the simplified taxation system will increase from 21% to 26%: this means an increase of five percentage points.

The rate of the simplified' will be raised'taxation systems?

The rate of the simplified tax system will increase for rentals of less than 30 days, i.e. short-term rentals, and for houses two through four.

What is a national identification code?

Forza Italia has proposed the introduction of a national identification code (CIN) that would be mandatory for short-term rentals and offers through information platforms. "This will allow better tracking of landlords renting out accommodation and identify shadows," said party spokesman Raffaele Nevi.