Greece gets home-sharing friendly

Homeowners renting out their properties on online platforms such as Airbnb and HomeAway operate in Greece without any limits to the number of houses they can let but also face the threat of high fines if they try to skip out on their taxes.

After nearly 18 months of anticipation the Independent Authority for Public Revenue on Thursday night launched the digital platform for registering short-stay declarations.

The platform, found on the www.aade.gr website, allows sharing economy landlords to declare the properties they are leasing, who they are renting them out to and when. They do not, however, face a cap on the number of assets they are utilizing or on the period of leasing, as is the case in several other markets.

According to the new rules, each property is given an identification number that the owners have to use with every entry made on any website where...