Thousands of properties have been removed from Airbnb and Booking.

There is a significant number of taxpayers who have found that their properties have been removed from platforms such as Airbnb, Booking.com, and VRBO. After the tax authorities (AADE) conducted checks based on information obtained from these services, it was revealed18,657 real estate propertiesthat either did not have a registration number (ΑΜΑ) or that number was invalid. As a result, all these items disappeared from the specified platforms. During additional checks, it was revealedthousands of taxpayers...who did not declare their income for the years 2017 and 2018.

Fines for owners and managers

For property owners and managers of units rented out through Airbnb who have not registered in the short-term rental registry, fines start at5,000 eurosand can reach20,000 eurosStarting fromJanuary 1, 2024The punishments will become even harsher, as independent penalties will be introduced at the level.50%from the gross income for the tax year in which the offense was committed. At the same time, the minimum amount of the fine will be5,000 euros.

Fines for incorrect declaration

If there is a need to submit a incorrectly filled out or completely missing short-term rental declaration, the fines will be equal to double the rental amount specified on the digital platform. In case of a delay in submitting the short-term rental declaration, the owner will face an administrative fine of100 eurosTherefore, property owners need to closely monitor compliance with tax requirements to avoid critical financial consequences. The measures taken by tax authorities highlight the importance of transparency and accuracy in reporting rental income.